Orion to reform electrification

In recent years, Uganda has vigorously developed the power infrastructure and promoted industrialization of the country. The development of electricity market has great demand for power equipment products. However, due to the poor industrial foundation of the country, there are hardly any production of power equipment and they need to be imported with large quantities of foreign exchange from abroad every year. Based on this, China Guangdong Shineng Electric Equipment Group invested in Uganda in 2012 to produce transformers, switchgear and other power equipment. By opening factories in Uganda, it strived to localize power equipment in Uganda, meet the demand of electricity market in Uganda and make contribution to industrialization in Uganda.

Guangdong Shineng Electric Equipment Group Ltd. (hereinafter referred to as "Shineng") is a professional company integrating electric equipment production, sales, and design, investment, construction and operation of power plants. We focused on fi elds of foreign investment, foreign trade and foreign engineering contracting. After the establishment of the company, it has invested and contracted in oil and gas power generation, photovoltaic power generation, hydropower and other power projects in more than ten countries in Asia, Europe, Africa and South America, with a total installed capacity of more than 1500MW. Meanwhile, Shineng is one of the earliest enterprises in China to carry out international power production capacity cooperation.

Orion chairman, Mr. Hou Jianxiong and PSFU chairman Patrick Bitature at the commissioning of 2500/33kva transformer manufacyred at Orion, Uganda

In 2010, Shineng re-deployed its overseas business and shifted its focus from Southeast Asia and South Asia to expanding into the African market. Starting from the EPC general contracting power plant, the investment in new energy power generation projects such as oil and gas power generation, hydropower and photovoltaic power generation, and power equipment industrial parks was gradually carried out. In 2010, Shineng built the 70 MW TORORO oil-fired power plant, the largest heavy oil power plant in Uganda so far, owned by ELECTRO-MAXX in Uganda by EPC contract. It was completed and put into operation in only nine months and has been operated and maintained by Shineng ever since. Thereafter, in November 2012, Shineng and Ugandan partner established ORION TRANSFORMERS and ELECTRICS LIMITED, which is the fi rst Sino-Uganda joint venture. It plans to invest $100 million in Orion Electric Equipment Industrial Park, to achieve annual output value of $500 million, providing 5,000 jobs.

ORION TRANSFORMERS & ELECTRICS (U) LTD is the fi rst Uganda-China joint venture that established in Uganda, which is a new mode of economic and trade cooperation between China and Uganda. China (Shineng Group) is mainly responsible for technical provision, factory construction, production equipment supply, installation and commissioning and production management after operation. Uganda shareholder participate in investment and operation management.

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