Inauguration Ceremony of the Joint Laboratory for Engineering Applications of Fusion and Hydrogen-Ammonia Energy and Signing Ceremony of Strategic Cooperation Agreement

On June 10, Wenergy Group held the unveiling ceremony of the Joint Laboratory for Fusion and Hydrogen-Ammonia Energy Engineering Applications, as well as the signing ceremony for the strategic cooperation agreement between Wenergy Co., Ltd. and Fusion New Energy Co., Ltd., at the Wenergy Intelligent Management and Control Center. Han Jun, Deputy Director of the Standing Committee of the Provincial People's Congress and President of the Provincial Association for Science and Technology, Wang Hong, Secretary of the Party Committee and Director of the Provincial State-owned Assets Supervision and Administration Commission, Wu Jinsong, Secretary of the Party Committee of the Provincial Department of Science and Technology, and Zeng Xiaoming, Member of the Party Leadership Group and Deputy Director of the Provincial Energy Administration, attended the ceremony. Li Jiangang, Academician of the Chinese Academy of Engineering and Chief Scientist of the Energy Research Institute of the Hefei Comprehensive National Science Center, and Li Ming, Deputy Secretary of the Party Committee and General Manager of the Group, delivered speeches respectively. Relevant heads of departments from the Provincial Development and Reform Commission, Provincial Department of Science and Technology, and Provincial Energy Administration, members of the Group's leadership team, and relevant leaders from the Energy Research Institute of the Hefei Comprehensive National Science Center and Fusion New Energy Co., Ltd., participated in the ceremony. Lu Hao, Member of the Party Committee and Deputy General Manager of the Group, presided over the ceremony.

In his speech, Li Jiangang stated that the Energy Research Institute and the Provincial Energy Group had already achieved a series of technological achievements in ammonia-blended combustion in coal-fired power units in the early stages. Both parties have a solid foundation for cooperation. In the future, they will focus on strategic issues related to energy security, conduct innovative research on new energy sources such as hydrogen energy, ammonia energy, nuclear energy, and fusion energy, build a high-level team of scientific and technological innovation talents, integrate the strengths of the capital market, carry out demonstration projects according to local conditions, accelerate the incubation and cultivation of the fusion energy and hydrogen-ammonia energy industries, and support the green transformation and high-quality development of energy in Anhui province.

In his speech, Li Ming pointed out that over the past few years, the Provincial Energy Group and the Energy Research Institute have shared common goals and worked closely together, enjoying smooth communication and fruitful cooperation, and thus have a solid foundation for industry-research collaboration. As a major shareholder in the early stages, the Group participated in the investment and establishment of Fusion New Energy Co., Ltd. This time, in cooperation with the Energy Research Institute, the Group has established the "Joint Laboratory for Fusion and Hydrogen-Ammonia Energy Engineering Applications" and signed a strategic cooperation agreement between its subsidiary Wenergy Co., Ltd. and Fusion New Energy Co., Ltd. The aim is to leverage their respective strengths to jointly promote technological R&D, engineering verification, and commercial applications in the fields of controllable nuclear fusion, fusion energy power plants, and comprehensive utilisation of hydrogen-ammonia energy. The Group will fully allocate resources and provide institutional guarantees to promote in-depth integration among all parties in terms of technological breakthroughs, talent cultivation, and industrial incubation, creating a model for industry-university-research collaboration.

Under the witness of the attending leaders, Li Jiangang, Academician of the Chinese Academy of Engineering and Chief Scientist of the Energy Research Institute of the Hefei Comprehensive National Science Center, and Li Ming, Deputy Secretary of the Party Committee and General Manager of the Group, unveiled the Joint Laboratory. Fang Shiqing, Secretary of the Party Committee and General Manager of Wenergy Co., Ltd., and Huang Suzhen, General Manager of Fusion New Energy Co., Ltd., signed the strategic cooperation agreement on behalf of both parties. At the meeting, Researcher Guangnan Luo, Director of the Hydrogen and Ammonia Center at the Energy Research Institute of the Hefei Comprehensive National Science Center, delivered a special report and interpretation on the development plan of the joint laboratory.