On the morning of December 17, PDAEXSEA accompanied His Excellency Xie Nalin, Deputy Director of the General Energy Department of the Ministry of Mines and Energy of Cambodia, and Duke Li Kuntai, Advisor to the Prime Minister of Cambodia, to visit Guangxi Mingdian Group to inspect the company's power equipment production and hold a China-Cambodia power seminar to conduct in-depth discussions and exchanges on specific issues in the power and energy fields.
Mr. Chen Jun, Chairman of Mingdian Group
Electricity supply is important to modern life and work. Especially in Cambodia, which has high temperatures all year round, with temperatures generally above 30 degrees, the use of electrical equipment such as air conditioners is significantly dependent on electricity supply. Quality control and post-service in electrical equipment manufacturing are crucial, and an excellent team is the key to ensuring service quality.
Mingdian Group has improved product stability and reliability through technological updates and supply chain optimization, and introduced an energy management platform to enhance intelligence. The company promises a 25-year warranty, which is ahead of its domestic counterparts.
Director Chen emphasized that for export products, a professional operation and maintenance team is crucial to the stable operation of power equipment. The two most difficult issues for foreign customers when purchasing are price and after-sales service. They not only hope that the product price will be low, but they are also worried that poor product quality will make subsequent maintenance difficult. Unlike the domestic market, the accessory background and after-sales service network in foreign markets may not be complete enough, and once there is a problem with the equipment, it may take longer to resolve.
Therefore, taking this opportunity, we also very much hope to further explore and in-depth cooperation with Cambodia to provide full life cycle equipment support services for local products. This is not only in line with the concept of our brand, but also helps Chinese power equipment enter the international market and enhance products. international competitiveness.
Mr. Lu Youzhi, President of Jingxi Chamber of Commerce
Chairman Lu mentioned that my country's new energy policy has experienced significant changes in recent years, promoting the goals of carbon neutrality and emission reduction, and bringing about a new round of investment boom in the new energy field.
However, the consumption capacity of the power grid has reached its limit, making it difficult to access new energy projects, forming a new turning point in the industry. To this end, we are committed to in-depth cooperation with China Southern Power Grid and participating in energy investment and construction to break through existing limitations and maintain stable growth.
At the same time, we are also considering investing in new energy sources overseas. Through previous exchanges with partners, I found that overseas electricity prices are high and the market is blank, which is an opportunity for Chinese companies to go global. Coupled with low labor costs and high electricity prices, it is more economically attractive.
Especially yesterday, through Duke Li Kuntai’s introduction at the economic and trade exchange meeting, Cambodia’s investment environment is friendly and its financial policies are loose, which provides a good foundation for Chinese enterprises to invest, and they truly feel the opportunities in the Cambodian market.
In the future, we look forward to joining hands with more like-minded friends to explore overseas markets, especially investment opportunities in Cambodia, to achieve mutual benefit and win-win results.
Mr. Zhang Boyang of Yingchen New Energy
Mr. Zhang Boyang of Yingchen New Energy introduced the company's development and projects in Cambodia.
Mr. Zhang mentioned that the company has been deeply involved in the photovoltaic industry for 37 years. With its profound industry experience and technical accumulation, it has built a total of 10GW of photovoltaic power stations, has 2,665 patents, and has excellent shipments worldwide. The company's photovoltaic project cases are spread all over the country and abroad, including rooftop photovoltaics, ground photovoltaics and other application scenarios, demonstrating its strong strength and rich experience in the photovoltaic field.
In Cambodia, the company has identified the broad opportunities of photovoltaic projects.
This year, Cambodia announced that it will invest in multiple fields such as new energy infrastructure, technology research and development, and the electric vehicle market, showing strong market appeal.
In terms of power generation policy, Cambodia allows consumers to install solar photovoltaic power generation systems on their own without connecting to the national grid, which provides more flexibility for individuals and enterprises. In addition, the rooftop photovoltaic use permit principles issued by the Cambodian Ministry of Mines and Energy propose to replace the monthly capacity fee of photovoltaic roof systems with new tariffs and quotas, providing policy support for the implementation of photovoltaic projects. At the same time, photovoltaic projects in Cambodia also enjoy a certain degree of tax relief, and some projects can obtain import tariff exemptions, further reducing investment costs.
In terms of land policy, Cambodia can enjoy lower land rents and concessions when building photovoltaic power stations in specific economic development zones or designated areas. In addition, Cambodia has set a goal of adding 3,155 megawatts of solar energy by 2040, showing its long-term planning in the field of renewable energy.
The richness of light resources is also a major advantage of Cambodia's photovoltaic projects. The national solar radiation is between 1,600 and 1,900, which makes photovoltaic projects have extremely high development value.
Compared with domestic projects, Cambodia's photovoltaic projects have a short recovery period and more considerable returns, showing good investment potential.
In the subsequent exchanges, China and Cambodia actively discussed the fields of electricity and new energy.
The Chinese representatives showed great interest in Cambodia's power infrastructure and new energy market needs, and asked in detail about the local energy distribution and demand conditions, in order to better understand Cambodia's development direction and potential opportunities in the energy field.
The Cambodian representatives focused on China's power equipment products. They expressed deep concern about the production standards, foreign trade policies and cooperation models of China's power equipment products, and raised specific questions on how to ensure the quality of equipment exported to Cambodia and subsequent maintenance services.
During this process, as a professional cross-border enterprise service platform, PDAEXSEA provided detailed information support and consulting services to both parties, helping them to fully understand the strength of China's photovoltaic and power equipment industries and the practice of international cooperation, and ensure seamless connection between the two parties in technology and trade cooperation.
After the symposium, representatives of both parties went to the factory of Guangxi Mingdian Group for a field visit to more intuitively understand the company's power equipment production and witness the entire production process from raw material processing to finished product assembly.
Through this field trip, Cambodian representatives gained a deeper understanding of the production strength and professional services of domestic power equipment companies.
As one of the organizers of this event, PDAEXSEA will continue to use its professional advantages in the field of cross-border corporate services to further strengthen cooperation and exchanges with Cambodia, Guangxi and even the entire ASEAN region, and promote more Chinese companies to go abroad and expand overseas markets.
PDAEXSEA will continue to provide enterprises with efficient, convenient and safe one-stop overseas services, helping enterprises overcome the challenges of cross-border operations, seize opportunities in the global market, and achieve more stable and rapid development.
We look forward to writing more success stories with Cambodia and other ASEAN countries in future cooperation and promoting the common prosperity of the regional economy.
