SEG and Tecnicas Reunidas (Spain) Signed an Consortium Agreement in the Presence of the State Leaders of China and Spain

On November 28,Mr. Yu Baocai, deputy general manager of Sinopec Group& chairman of the board of SEG, and Mr. Juan Lladó, deputy chairmanof the board & CEO of Tecnicas Reunidas (Spain), signed the Consortium Agreement on Joint Bidding forKuwait Azul Integrated Refining & Chemical Complex at Moncloa Palace (office ofSpanish prime minister), in the presence of Mr. Xi Jinping, president of China,and Mr. Pedro Sánchez, prime minister of Spain. The agreement is a Joint Statement of the People's Republic ofChina and the Kingdom of Spain on Strengthening the Comprehensive StrategicPartnership for a New Era.



The Signing Ceremony wasCovered by Spanish TV

The signing ceremony,conducted in the presence of the two heads of state, will greatly promote the twocompanies’ cooperation in contracting projects in the third party market, whilebringing them closer for deeper cooperation. It is of great significance inenhancing SEG’s international reputation, strengthening internationalcooperation, expanding the international market, broadening global vision and promotingSEG’s efforts in carrying out the “One Belt and One Road” initiative and buildingitself into a world-class engineering company. 


Mr. Yu Baocai Attendedthe Inaugural Meeting of China-Spain Business Consultancy Committee & ItsFirst Session

During his visit inSpain, Mr. Yu Baocai also participated in the event held for the heads of stateof China and Spain to meet with entrepreneurs. Apart from listening to the briefingon the cooperation between SEG and Spanish companies, he met with the seniormanagement of TR Spain, ACS Group and INTECSA, and exchanged ideas with them ontopics such as implementing the consensus reached between the two heads of state,exploring the third party market and further deepening win-win cooperationbetween the two countries etc. Other company leaders from our side included Mr.Xiang Wenwu, general manager of SEG, Mr. Zhang Zheng, deputy director of InternationalCooperation Dept. of SEG, and Mr. Zhou Chengping, general manager of SEGLuoyang.


 Mr. Yu Baocai Listenedto the Briefing on Cooperation Between SEG and Spanish Companies


Mr. Yu Baocai Metwith Mr. Jose Llado, Executive Chairman of the Board of TR


Mr. Yu Baocai Metwith Mr. Florentino Pérez, Chairman of the Board of ACS & President of RealMadrid Football Club


Mr. Xiang Wenwu Signeda Memo of Understanding for Cooperationwith Mr. Llamazales, Chairman of the Board & CEO of Intecsa

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