Midea Group Collaborates with SPDB Financial Leasing and SPDB to Expand New Energy Blueprint

On April 22, a delegation from SPDB Financial Leasing Co., Ltd. (hereinafter referred to as 'SPDB Financial Leasing') and SPDB Guangzhou Branch (hereinafter referred to as 'SPDB') visited the headquarters of Midea Group for in-depth strategic exchanges. Both parties, based on the solid foundation of cooperation in the new energy sector, further broke down business boundaries, and discussed new paths for deeper integration of industry and finance in multiple fields, reaching important consensus on comprehensively upgrading cooperation models and expanding the industrial blueprint.

At the symposium, Midea Group’s Executive President and President of the New Energy Business Division, Eric Wang, comprehensively introduced the business scope and development strategy of Midea Group, with a focus on the new energy business sector and business model. He pointed out that ToB industrial upgrades and overseas expansion are one of the core strategic directions of Midea Group. He hopes that both parties can leverage their own advantages, collaborate in project cooperation in areas such as new energy, expand the scale of cooperation, and achieve mutual benefits and win-win outcomes.

Wang Peng, Party Secretary and Chairman of SPDB Financial Leasing, introduced the company's development history, business layout, and core advantages, interpreting the core highlights of the new energy cooperation model. He emphasized that both parties will build a long-term strategic cooperative relationship on the existing advantages and establish a stable cooperation mechanism; SPDB Financial Leasing will be fully integrated into the corporate customer service ecosystem of the headquarters, and Midea, as a strategic cooperation customer of the headquarters, will have the headquarters and branches work together to consolidate the foundation of cooperation with Midea.

Huang Yisheng, Party Secretary and Branch Manager of SPDB Guangzhou Branch, expressed that SPDB has specifically established the Midea Business Department, and will continue to leverage the comprehensive financial service advantages to deepen all-round cooperation with Midea and SPDB Financial Leasing, ensure service connectivity, expand the scope of cooperation, improve service quality and efficiency, and provide support for expanding the scale of cooperation.

General Manager Liu Yi of HICONICS New Energy Company spoke from the perspective of business cooperation, stating that the current collaboration has smoothly commenced. Next, we hope to further optimize cooperation matters and specifically put forward three requirements: first, to improve the existing cooperation model to enhance cooperation efficiency; Second, we look forward to broadening the scope of cooperation, focusing on advancing integrated energy services for industry and commerce; Finally, we hope to increase the credit limit on the basis of successfully completing the existing cooperation tasks, to ensure a smooth transition for future cooperation. SPDB Financial Leasing and SPDB have responded to the business needs, clearly expressing their firm cooperative intentions to deeply integrate with HICONICS New Energy and move forward together.

Participants reached a consensus that this exchange has anchored the coordinates for future in-depth cooperation. Both parties will join hands to break industry barriers, explore cooperation potential at a deeper level and in a broader field, jointly explore the infinite possibilities of industry-finance synergy, and achieve an overall leap in the value chain.