Zhenwan Technology And Nanyang Public Utilities Group Sign Joint Venture Agreement

On December 17, 2024, Zhenwan Technology Co., Ltd. (hereafter "Zhenwan Technology") and Nanyang Public Utilities Investment and Development Co., Ltd. (hereafter "Nanyang Public Utilities Group") held the signing ceremony for their joint venture at the Nanyang Public Utilities Group headquarters. The two companies will establish a subsidiary based on a "site + equipment operation" model, aiming to collaborate on the development and operation of new energy charging pile projects.

Nanyang Public Utilities Group is a key state-owned enterprise in Nanyang City, committed to becoming the leading local enterprise in providing high-quality public services across the central urban areas. They are focused on expanding and enhancing the city's public utility services through a market-driven approach, with the goal of developing into a large-scale, modern state-owned enterprise that supports the city and surrounding areas. Their services include property management, construction engineering design, landscaping, urban services and municipal infrastructure management, city greening, and public transportation, among others. They aim to integrate urban services with the "government + market" model to gradually streamline multiple city service sectors, ultimately becoming a leading player in urban management and operations.

Zhenwan Technology has been a leading brand in the new energy charging pile industry for years, excelling in both two-wheeler and four-wheeler charging solutions. We look forward to further collaboration with Nanyang Public Utilities Group, working together to create a brilliant future in the renewable energy and charging infrastructure sectors.