On May 12, 2021, Great Wall Holding Group signed a strategic cooperation framework with Sinopec Group in Beijing. The two sides will make use of their respective advantages to carry out wider, deeper and higher-level cooperation in the hydrogen energy industry. They will complement each other in resources to promote hydrogen science and technology, and achieve the realization of "carbon neutrality".

Zhang Yuzhuo, chairman of Sinopec Group and secretary of CPC. Wei Jianjun, chairman of GWM. Zhang Tianyu, chairman of FTXT, attended the signing ceremony. On behalf of both sides, Ling Yiqun, member of the Standing Committee in Sinopec Group and Chen Xuesong, president of FTXT signed the agreement. Hydrogen energy is an important energy in the future. At present, GWM has determined the energy strategy of clean energy and multi-ecological interaction. GWM will use "electric hydrogen" as the basic energy carrier to create a comprehensive energy ecology integrating energy, transportation, real estate, finance and intelligence, so as to realize the efficient and orderly utilization of green energy.