STRIVING FOR INNOVATION, SINCERE SERVICE AND EXCELLENCE

      Union Resources & Engineering Co., Ltd. (hereinafter referred to as UREC) is an international resources integration enterprise, whose primary businesses include international engineering contracting, and import & export of complete equipment. UREC was formerly known as Yunnan Union Resources & Engineering Co., Ltd. which was combined by YMC and YMEC in 2009. In October 2016, UREC was given its current name after Yunnan Provincial Energy investment Group Co., Ltd. (hereinafter referred to as YEIG) made a unilateral increase in UREC's capital and shares.

      YEIG, the controlling parent company, has achieved a coordinated parallel development among its five main businesses, including green energy, comprehensive energy, finance, modern logistics and big data, with green energy, modern logistics and digital economy being its core businesses. YEIG has also obtained the corporate credit rating of AAA and the international credit rating of BBB (investment grade), being one of China's top 500 enterprises for years.

      Focusing on international economic and trade cooperation for more than 40 years, UREC has formed its four main businesses, including international energy, international trading, shipbuilding and communication engineering, and strategic cultivation, with offices or branches in Myanmar, Vietnam, Laos, Thailand, Bangladesh, Singapore, Hong Kong (China) and other countries and regions. Up to now, UREC has undertaken the construction of 35 overseas hydropower stations, with a total installed capacity of more than 2,000 MW, and exported nearly 200 ships of various types, more than 100 locomotives and more than 60 complete sets of large-scale hoisting machinery. Besides, UREC has invested in the development of Shweli Hydropower Station and Yangon THAKETA Gas-fired Power Plant in Myanmar.

      As the overseas EPC engineering contracting and investment platform of YEIG, UREC will integrate into the national "Belt and Road" initiative and serve the "radiation center" strategy of Yunnan Province by using the resources advantage and market pro-active advantage in the surrounding South Asian and Southeast Asian countries, so as to become an excellent international energy and economic and trade cooperation service provider in the region.