Weihua Group signed a strategic cooperation agreement with Beijing ABB on August 17, 2017 at Weihua Group. President Mr. Yu Youfei of Weihua Group and President Mr. Qi Luping of ABB attended the ceremony.

Mr. Yu Youfei made a brief introduction to the development of Weihua Group. He said that ABB drive is the main supplier of AC, DC transmission products in the world with a variety of high-precision control and energy efficient products. The strategic agreement will promote further cooperation on the basis of the original business cooperation. Mr. Yu Youfei expect this cooperation to provide opportunity to strive for development on technological exchanges and joint research to achieve complementary advantages, mutual benefit and win-win development.

Mr. Qi Luping made an expression on the ABB drive market positioning, transmission plant status, business strategy and sales. He said that the two sides have reached a broad consensus in the business, technology and special equipment manufacturing areas, and is willing to work together with Weihua to create strategic partnership, make use of innovative resources to create a better future.