ABB Low Voltage and Fujian Zhongneng Electric Sign Strategic Cooperation Agreement

On September 20th, ABB's Low Voltage Products Business Unit and Fujian Zhongneng Electric Co., Ltd. formally signed a strategic partnership framework agreement. The two sides conducted in-depth exchanges and reached broad consensus on the development trend, technology application, marketing and training publicity in the field of low-voltage electrical. According to the agreement, the two parties will jointly develop the local low-voltage market based on the principle of mutual benefit, and provide the market with leading technology and high-quality low-voltage products and solutions while enhancing the market influence and competitiveness of both parties. This cooperation will become a model of strong alliance, cooperation and mutual benefit, and will have a profound impact on the domestic low-voltage electrical market.

“One hundred years of quality, from the details”, ABB's low-voltage technology and innovation as the core advantages, attention to detail quality, continuous research and development of new products, new technologies, due to product performance and reliability in the industry. In the field of low-voltage electrical, ABB products and solutions help partners meet their various distribution requirements with higher security and a high degree of standardization.

Mr. Wang Mingyong, Director of Distribution Business Department of ABB China Low Voltage Products Business Department, said, “ABB will provide Zhongneng Electric with low-voltage components and corresponding technical service support to help Zhongneng Electric to build a market-competitive low-voltage power distribution solution MDmax. The two parties will further cooperate and work together to promote this product in the market to meet the changing market and user requirements, and apply the world's leading technology and industry experience to all domestic construction."

Fujian Zhongneng Electric Co., Ltd., formerly known as Fujian Zhongneng Electric Co., Ltd., was established in 2002. In November 2007, the company was changed as a whole in accordance with the law to establish Fujian Zhongneng Electric Co., Ltd. In March 2010, the company issued its initial public offering on the Growth Enterprise Market of the Shenzhen Stock Exchange and successfully listed. Zhongneng Electric adheres to the strategy of introducing digestion and independent innovation. After more than ten years of development, it has become a leading enterprise in the field of component segmentation in the field of power transmission and distribution. It has become a total solution provider that can provide one or two equipments. Developed a number of smart power products in the medium voltage distribution field with world-class level and suitable for China's national conditions.