In the morning of June 22nd, the contract signing ceremony between Jiangsu Pangwo Power Engineering Company (JPPE) and the Malaysia Sarawak Energy Berhad (SEB) was held in Kuching, capital of the state of Sarawak. The general manager of JPPE Mr Yin Liya, chief operating officer of SEB Lu YewHung, power executive president James Ung and other senior leaders attended the signing ceremony.

The general manager of JPPE Mr Yin Liya and chief operating officer of SEB Lu YewHung  delivered a passionate speech at the signing ceremony respectively, and warmly congratulated the signing of the contract. Mr Yin mentioned in his speech that, Pangwo Power will take this project as a starting point, giving full play to the advantages of its team service to the maximum, do all its best to serve the owner, and to expand the international market gradually. He also hopes that the two sides to establish long-term, more in-depth cooperation in the future in the development of electric power industry, to achieve  advantages complementarity, mutual benefit and win-win situation

The signing of the Balingian 2 * 330MW Coal-fired Power Plant operation and maintenance contact, with contract period of 4 years. It is another major substantive initiative of Jiangsu Pangwo Power company to actively respond to the national strategy of "The Belt and Road". The successful signing of the project will inject strong impetus for the development of the company and add a new opportunity for the implementation of the internationalization strategy.