Recently, the strategic cooperation and investment signing ceremony between SEMCORP and Zigong City, Sichuan Province, was successfully held at the company's headquarters. Zigong Party Secretary Zeng Hongyang and his delegation, together with SEMCORP Chairman LEE PAUL Xiaoming and other senior executives, attended the event. The two sides reached comprehensive cooperation on the implementation of a major new energy materials project, jointly drawing a new blueprint for industrial development.

In his speech, Zigong Party Secretary Zeng Hongyang stated that this cooperation is a milestone for Zigong in building a new energy industry base with national influence. Located in the Chengdu-Chongqing Economic Circle, Zigong boasts a solid industrial foundation. The city has designated new energy and new materials as leading industries, while simultaneously laying out emerging tracks such as drone general aviation and artificial intelligence. The city's transformation is in a golden period of development, featuring efficient and pragmatic administrative effectiveness, a first-class business environment, and an economic growth rate ranking among the top in the province.

He stressed that Zigong has designated the SEMCORP project as a core municipal project, mobilizing city-wide resources to provide efficient, high-quality, full-process support services. The Party Secretary himself will take the lead, conducting regular on-site supervision to drive the project forward with the pragmatic "Zigong speed" — striving for an early start, early construction, early production, and early effectiveness — sharing the development opportunities of the new energy industry with SEMCORP.

SEMCORP Chairman LEE PAUL Xiaoming expressed gratitude for the high level of attention and strong promotion from the Party committees and governments at both the Zigong city and Rong County levels. He pointed out that SEMCORP is a leading enterprise in the key materials segment of the global new energy industry chain. With the global energy transition and the rapid development of the energy storage industry, the company's business continues to grow at a high speed, and the demand for production capacity remains strong. This layout in Zigong is an important strategic move for the company to refine its national production capacity network and capture the southwest market.

After the project is launched, SEMCORP will adhere to high-standard construction and high-efficiency advancement, rapidly releasing production capacity to meet market demand. At the same time, it will fully leverage the driving role of a leading enterprise, gathering supporting upstream and downstream industries. This will help Zigong optimize its industrial structure, expand employment, and stimulate economic growth, achieving a win-win scenario of enterprise development and local prosperity.

At the signing ceremony, the two sides formally signed a strategic cooperation agreement, marking the official settlement of SEMCORP's important southwest production base in Zigong. In the future, SEMCORP will deeply collaborate with Zigong City to jointly build a new energy battery industry cluster with national influence, support the realization of the national "dual carbon" goals through industrial innovation, and embark on a new journey of high-quality development together.