On the afternoon of September 1, 2014, Changlong Bus and Shentong Electric Vehicle Energy Management Co., Ltd., a subsidiary of Shenhua Group, a national key central enterprise, signed a cooperation agreement on 20,000 pure electric buses to jointly build the longest chain of China's new energy automobile industry and complete vehicle manufacturing. The most capable strategic alliance. Zhang Wenjiang, Chairman of Shentong Electric Vehicle Energy Management Co., Ltd., Zhou Tiegen, Shen Jian, Xu Dongqing and Fei Ping, leaders of the city, attended the signing ceremony.
Zhou Tiegen, member of the Standing Committee of Jiangsu Wuxi Municipal Committee and secretary of the Jiangyin Municipal Party Committee, said that Jiangyin has strong economic strength and has ranked first among the top 100 counties in the county economy for more than a decade. The cooperation between Changlong Bus and Shentong Company to develop new energy buses will greatly promote Jiangyin to further enlarge and strengthen the new energy industry, and promote the adjustment and optimization of Jiangyin's industrial structure. The Jiangyin Municipal Party Committee and the Municipal Government will vigorously support the project construction to ensure that the project will create good economic and social benefits at an early date.
Zhang Wenjiang said that Shentong Electric Vehicle Energy Management Co., Ltd. is an electric vehicle energy management company jointly established by domestic pure electric vehicle manufacturers and financial enterprises. The company adopts innovative models such as contract energy management and financial leasing encouraged by the state to vigorously develop and build a safe, efficient, clean and economical green urban transportation system. Changlong Bus is the earliest domestic key enterprise to develop pure electric buses and enter the national announcement. Shentong Company is confident to carry out all-round and integrated cooperation with Changlong Bus to jointly build a new energy bus with world-class and domestic first-class level.
According to the cooperation agreement signed between Changlong Bus and Shentong Company, the two parties will cooperate in the strategic development plan of electric bus, new product research and development, electric bus production, market development, investment and financing business and capital operation. In the fourth quarter of 2014, Changlong Bus will start construction of an annual output of 20,000 pure electric bus projects.

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