Press Release

CEM participates in the 6th “Guangdong, Hong Kong and Macau Power Industry Summit” in Nanning

17 May 2016, Macau

Guangdong, Hong Kong and Macau have a long history of exchanges and cooperation, thanks to the adjacency to each other. With the rapid development of society and economy in the three regions, strengthening the cooperation between power enterprises in the three regions is of great significance to the prosperity and development of the three regions for the long haul. To this end, China Southern Power Grid Corporation Limited (CSG) proposed in 2011 that the CSG, CLP Holdings Company Limited (CLP), Companhia de Electricidade de Macau – CEM. S.A. (CEM) and China General Nuclear Power Corporation (CGNPC) shall take turns to hold the annual “Guangdong, Hong Kong and Macau Power Industry Summit”, which aims to strengthen the exchange of information, knowledge and experience among power companies in mainland China, Hong Kong and Macau, as well as seek opportunities for cooperation to achieve common progress, thereby promoting the socio-economic prosperity and development in the three regions. The 6th “Guangdong, Hong Kong and Macau Power Industry Summit” was staged in Nanning, Guangxi from 11-13 May. It was themed on “Reform, Innovation, Cooperation and Win-win Result”.

Executives of the four companies attending the Summit included Zhao Jianguo, Chairman of CSG, Richard Lancaster, Chief Executive Officer of CLP, Zhang Shanming, General Manager of CGN, and Xu Kaicheng, Chairman of Board of Directors of CEM. Prior to the meeting, Chen Gang, Vice Chairman of Guangxi Zhuang Autonomous Region, met with executives of the four companies.

Xu Kaicheng said in his speech that in Guangdong, Macau and Hong Kong, innovative cooperation is being carried out in various forms, growing vigorously and continuously expanding to cover a wider field with richer themes. As a power enterprise, a wider-range and more profound reform and innovative cooperation should be sought to face the global and strategic problems and challenges encountered at present, including energy development, allocation and safety as well as environmental impact. All efforts should tie in with the policy of “One Country, Two Systems” and the cooperation of the four power enterprises in the three regions. Under the framework of “One Country” and based on each party’s characteristics as well as regional advantages and strengths, power enterprises can be benefited from “Two Systems” to learn from each other and complement one another to achieve mutual progress.

The four power companies invited speakers to share frontier trends of the industry at the Summit, in a bid to inspire and guide all participants to carry out in-depth discussion and brainstorm. Acting as CEM’s distinguished guest speaker, Shu Guang Zhang, Rector of City University of Macau, shared information about Macau’s role as a platform between China and Portuguese-speaking countries. He said that building a platform can better serve as a bridge and bond between Macau and Portuguese-speaking countries, as well as better serve the country’s two-way opening-up strategy. Portuguese-speaking countries, as a special political and economic module, are undoubtedly an important direction for China today and in the future. They are also an indispensable target body for China’s influence in the world. The role of Macau’s platform in relationship between China and Portuguese-speaking countries will become increasingly prominent and will see increasing strategic significance.

CSG invited Wang Yiming, Deputy Director of Development Research Center of the State Council, to introduce the state’s “13th Five-year Development and Planning”. Meanwhile, CLP invited Jonathan Drew, Managing Director, Infrastructure, Energy and Export Finance Asia-Pacific, Global Banking, to introduce “Energy infrastructure, Finance and Sustainable Development”; and CGNPC invited Hu Jiansheng, former deputy director of National Informatization Evaluation Center and Vice Chairman of China Electronic Commerce Association, CSO of Chinalabs, to introduce about “The Innovation of Joint Energy Network and Power Enterprises”.

Apart from keynote speeches, the representatives also visited Guangxi Power Dispatching Center and Guangxi Planning Exhibition Hall. Other executives who attended the Summit included Wang Liangyou, Vice President of CSG; Liu Qihong, Board Chairman of Guangdong Power Grid Company; Tang Hongjian, Board Chairman of CSG International Company; Betty Yuen, Vice Chairman of CLP Power Hong Kong Limited; Paul Poon, Managing Director of CLP Power Hong Kong Limited; Chan Siu Hung, Managing Director – China, CLP Holdings Limited; Gao Ligang, President of CGN Power CO.,Ltd.; Bernie Leong, Chairman of CEM Executive Committee; Benjamin Yue and Iun Iok Meng, Principal Advisor and Advisor to CEM Executive Committee.