On the morning of September 27, Shanghai Electric Group and China Machinery Engineering Corporation signed a strategic cooperation agreement. Wu Lei, Secretary of the Party Committee and Chairman of Shanghai Electric Group, stated that in the vigorous development of the energy industry and the deepening of the new industrialization process, Shanghai Electric Group and China Machinery Engineering Corporation each shoulder important missions and responsibilities. He hopes that the strategic cooperation reached by both parties this time can be an opportunity to promote competition in the future, deepen cooperation in competition, and further build a close partnership of mutual benefit, win-win, and symbiosis.