Summary: SBM Signed a Strategic Cooperation Agreement with Sinohydro Bureau 11 Co., Ltd

SBM signed a strategic cooperation agreement with Sinohydro Bureau 11 Co., Ltd (Power China) on July 5th. The two parties will give full play to their respective advantages in resources, capital, technology, research and development, human resources, construction and management, share resources, and achieve mutual benefit and long-term strategic cooperation. Chairmen and representatives of both parties attended the signing ceremony.

The delegation of SBM visited the exhibition room of Sinohydro Bureau 11 Co., Ltd. During the conversation, SBM’s chairman stated that he was deeply impressed by its remarkable development. He said: “The development of Sinohydro Bureau 11 Co., Ltd. is a microcosm of the country’s development. It has now entered the green mine sector, which boasts broad market prospects and a promising future.” It is hoped that both parties will take the signing of this strategic cooperation agreement as an opportunity to use their advantages in products, technologies and investment, carry out deeper cooperation in green mine and other fields, and promote the common development.

SBM will also actively make long-term planning and specific projects, strengthen further communication, and make better projects and results in a wider range.