A Powerful Alliance for a New Green Energy Journey — Wanbang Digital Energy and Sumec Energy Establish a Strategic Partnership

November 13, 2025, the signing ceremony for the strategic cooperation agreement between Wanbang Digital Energy Co., Ltd. (brand: "StarCharge") and Jiangsu Sumec Energy Holdings Co., Ltd. was successfully held. Attendees included Jiang Jianqing, Secretary of the Party Committee and Senior Vice President of Wanbang Group; Fan Li, Deputy General Manager of Energy Construction BD and General Manager of Centralized Energy; Guo Hongwei, Secretary of the Party General Branch and Chairman of Sumec Energy Holdings; Chen Yu, Deputy General Manager; core teams from both sides; and more than ten industry guests who witnessed this important moment together.

This signing marks the official establishment of a deep, coordinated strategic partnership between two benchmark enterprises in the new energy industry. Together, they will open a new chapter of high-quality development in the clean energy industry and inject strong momentum into the company's global expansion and technology deployment.

As a leading enterprise in the field of energy digitalization, Wanbang Digital Energy has built deep competitive barriers in core equipment manufacturing, synergy between energy storage and smart energy systems, and overseas market channel layout. With its proprietary integrated technology system and mature project delivery capabilities, the company has achieved large-scale application of its energy solutions in multiple countries and regions worldwide, and the influence of the "StarCharge" brand continues to grow. Sumec Energy, as a core energy segment under a central state-owned enterprise, possesses a global resource network, central-enterprise endorsement, and full-chain clean energy service capabilities, and has accumulated rich practical experience in project investment, construction, O&M management, and energy performance contracting, forming highly complementary advantages with the company.

Both sides agreed that, facing the new opportunities amid domestic and international energy market transformation, this powerful alliance will effectively integrate core resources such as technology, channels, and capital to jointly build differentiated competitive advantages. The establishment of this strategic partnership is an important step for StarCharge in implementing the national "dual carbon" strategy and deepening energy digital transformation, laying a solid foundation for expanding business boundaries and enhancing industry competitiveness. Going forward, the two sides will set up dedicated working groups to drive efficient implementation of the cooperation and join hands to contribute even more to the green and low-carbon transition of global energy.