Against the backdrop of an accelerating global energy transition, on August 25, 2026, Potent Mechanical & Industrial (Xiamen) Co., Ltd. (“Potent Mechanical”) and Taiyuan Design Research Institute for Coal Industry Group Co., Ltd. (“Taiyuan Design Research Institute”) officially signed a Strategic Cooperation Framework Agreement at Potent Mechanical’s headquarters in Xiamen, Fujian, China. Senior management and relevant department representatives from both parties attended the signing ceremony and jointly witnessed this important milestone.

The signing marks a new stage in the cooperation between the two parties in the fields of conventional power and renewable energy. It represents a strategic partnership based on complementary strengths and mutual benefits, while providing new momentum for Potent Mechanical’s continued expansion in domestic and international energy engineering markets.

I. Signing Ceremony and Exchange

On the morning of August 25, the signing ceremony and exchange meeting were held at Potent Mechanical’s headquarters at Guanyinshan International Business Operations Center in Xiamen. The two parties provided comprehensive introductions to their respective corporate development, core business strengths and areas of expertise, and engaged in in-depth discussions on future cooperation opportunities and directions. Following the discussions, the Strategic Cooperation Framework Agreement was officially signed in a friendly and constructive atmosphere.

II. Fields and Directions of Cooperation

In accordance with the agreement, the two parties will carry out in-depth cooperation based on the principles of “mutual benefit, complementary strengths and win-win cooperation.”

Cooperation Areas: The two parties will leverage their respective strengths in resources, financing and technology to jointly pursue the development and implementation of conventional power and renewable energy projects.

Key Regions: The two parties intend to explore project opportunities in Southeast Asia, including Myanmar and the Philippines, and jointly expand their presence in overseas energy engineering markets.

Project Types: The potential cooperation will cover a wide range of energy projects, including gas turbine power generation, waste-to-energy, coal-fired power generation and renewable energy projects, establishing a diversified portfolio of energy project opportunities.

Cooperation Mechanism: The two parties will establish a communication and coordination mechanism, together with a regular exchange mechanism for management and technical personnel. Dedicated project representatives will be appointed to jointly develop project plans, coordinate major matters and address key issues arising during project implementation, with the aim of promoting the effective implementation of cooperation and accelerating the realization of tangible project outcomes.

III. Significance of the Strategic Cooperation

Taiyuan Design Research Institute for Coal Industry Group Co., Ltd., as a leading design and research institution in the coal industry, has accumulated extensive technical expertise, comprehensive engineering capabilities and rich experience in engineering consulting and design. The institute has developed distinctive technical strengths in areas including the comprehensive utilization of coal mine methane, integrated clean energy systems and green and low-carbon energy transformation. Potent Mechanical & Industrial (Xiamen) Co., Ltd, meanwhile, has established a mature execution system and strong market presence in overseas energy engineering and EPC contracting. Through its experience in international projects, Potent Mechanical has established a solid reputation and strong relationships with project owners in power markets including the United States, the Philippines, Vietnam, Indonesia and Australia.

The strategic cooperation between the two parties will create synergies between engineering design and EPC contracting, while combining China-based technical expertise with overseas market channels and resources. This partnership will help strengthen the overall competitiveness of both parties in the energy engineering sector, while also supporting Chinese energy engineering enterprises in expanding internationally and contributing to the high-quality development of projects under the Belt and Road Initiative.

IV. Future Outlook

Building on this strategic cooperation, Potent Mechanical and Taiyuan Design Research Institute for Coal Industry Group Co., Ltd. will further strengthen mutual trust, enhance collaboration and accelerate the implementation of key projects in Myanmar, the Philippines and other target markets, with the aim of translating the strategic partnership into tangible results and creating greater value through continued cooperation.

Looking ahead, Potent Mechanical will continue to uphold its business philosophy of “Sharing, Innovation, Service and Excellence,” working closely with more outstanding partners to expand its presence in both domestic and international energy engineering markets. By continuously strengthening its core capabilities, Potent Mechanical is committed to delivering higher-quality products and services to partners worldwide and contributing to the sustainable development and ongoing transformation of the global energy sector.