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On May 27th, China Bester Group Telecom Co.,Ltd. and China Gezhouba Group Electric Power Co., Ltd. formally signed a strategic cooperation agreement. The group leaders including Mr. Yao Weixing, Chairman of Gezhouba Power, Mr. Xu Xiang, Deputy General Manager, and other group leaders, including Mr. Li Liubing, Chairman of China Bester, Mr. Rao Yougen, Deputy General Manager, and Mr. Zou Pengfei, Deputy General Manager, attended the signing ceremony.

China Gezhouba Group Electric Power Co., Ltd. is a key member enterprise of a large listed state-owned enterprise-China Gezhouba Group Co., Ltd. It was founded in 1971 and has now developed into a design and construction company with power engineering, municipal public engineering, mechanical and electrical installation engineering, etc. A large-scale modern and international enterprise integrating general contracting. In particular, it has strong technical and management advantages in the fields of new energy, power transmission and transformation, power supply and distribution, transportation and electromechanical engineering, and has strong comprehensive strength in the overall construction organization of power industry projects.

China Bester Group Telecom Co.,Ltd. was established in 1992 and listed on the main board of the Shanghai Stock Exchange in November 2018 (Bester 603220). It is a high-tech enterprise specializing in communications network technology services. Its business focuses on communications network construction. Take into account the integration of communication and information systems, the optimization and maintenance of communication networks, and the planning and design of communication networks. The company's customers are all well-known domestic telecommunications companies, mainly China Mobile, China Telecom, China Unicom and other three major telecommunications operators. At the same time, it provides dedicated communications and information services for large domestic enterprises and the government.

The strong alliance between China Bester Group Telecom Co.,Ltd. and Gezhouba Power will focus on 5G technology and smart grid, 5G smart transportation, ubiquitous power Internet of Things, cloud computing and other fields to carry out in-depth cooperation to provide power, transportation and other industries 5G technology and Internet of Things Smart solutions for applications.

Mr. Rao Yougen, deputy general manager of our company, and Mr. Xu Xiang, deputy general manager of China Gezhouba Group Electric Power Co., Ltd., signed a strategic cooperation agreement on behalf of both parties. The signing of this strategic cooperation agreement is not only the general trend of the development of the industry, but also a high degree of consensus between the two parties to face the future and plan for win-win development. In the future, China Bester will work together with Gezhouba Power to move towards a better future hand in hand!