On June 22, 2020, a signing ceremony was held in Shanghai between Suzhou Siveco and China Power Investment Corporation (CDIC) Ronghe Financial Leasing Co. The two parties will carry out all-round cooperation in the life-cycle maintenance of solar PV power plants. With Cybrid's MoProTM solution as the technology platform, leveraging the resources and operation and maintenance technology advantages of Ronghe Leasing in solar PV power plants, the two companies will jointly expand the market in the areas of plant diagnosis, maintenance, repair and product recovery, and explore the concept and commercial value of MoProTM together.

     China Power Investment Ronghe Financial Leasing Company Limited is a financial leasing company under the State Power Investment Corporation (SPIC) and was registered in March 2014 in Shanghai Free Trade Pilot Zone. Through its main businesses of financial leasing and commercial factoring, the company provides customers with competitive and distinctive integrated financial services, making important contributions to the development of the new energy industry of the State Power Investment Group.

     It is the world's largest PV backsheet enterprise, the first drafter of national backsheet standards and the proposer of standards for backsheets of the State Power Investment Group. It is also the inventor of cross-linked POE film for double-glass modules and the second largest manufacturer in the world in terms of shipment volume. In addition to the application of materials in PV field, there are many import substitution and innovative materials in cable insulation, IGBT heat dissipation, lithium-ion battery, etc., which have been adopted by many leading domestic downstream enterprises. B's R&D backbone consists of a number of senior Japanese and domestic experts who have accumulated extensive experience in the development of materials for the maintenance and repair of capital assets such as buildings, bridges, power grids, turbine generators and vehicles.

     Through close cooperation, Cybrid and Ronghe Leasing will build a win-win and sustainable development strategic cooperation relationship. Aiming at the huge potential demand of PV after-market with the same concept of using innovation to explore new requirements, using innovation to develop new service products and using innovation to develop technology to support new service products, they will combine their respective characteristics to form a joint force to jointly develop the business of maintenance and repair of PV system and jointly develop the market and business to achieve win-win situation.

     The cooperation signing ceremony is of great significance to both parties, thus establishing a strategic cooperation relationship between Cybrid and Ronghe Leasing and laying a good foundation for the long-term and stable cooperation between both parties in the future. The leaders of both sides said that they would continue to carry out in-depth and comprehensive cooperation in the future and work hand in hand to achieve a new win-win situation.