Toyota and Xugong signed a strategic cooperation agreement in the field of hydrogen energy

of July 25, Song Lewei, Secretary of Xuzhou Municipal Party Committee of Jiangsu Province, met with Tatsuro Ueda, Executive Director of Toyota Motor Corporation and Minister of China Headquarters. The two sides had in-depth exchanges, discussed cooperation and sought common development. Wang Xianzheng, member of the Standing Committee of the Municipal Committee and executive vice mayor, and Jin Yunnu, vice chairman of the CPPCC Municipal Committee and director of the Municipal Foreign Affairs Office, attended the meeting.

Song Lewei welcomed Ueda and his delegation to Xuzhou and congratulated Xugong Group on signing a strategic cooperation agreement with Toyota Motor. After briefly introducing the economic and social development of Xuzhou, Song Lewei said that at present, the whole city is deeply studying and carrying out the spirit of General Secretary Xi's important speech in Jiangsu, closely focusing on the important orientation of "going ahead and demonstrating" and the important task of "four new", and building the central city of Huaihai Economic Zone and the national sustainable development agenda in a high position and large pattern. We will comprehensively promote the new practice of Chinese-style modernization in Xuzhou. In recent years, Xuzhou has made great efforts to cultivate and strengthen the "343" innovative industrial cluster, vigorously promote the development of green low-carbon energy innovative industrial cluster, especially in the field of hydrogen energy application, continuously strengthen the whole industry chain, accelerate the cultivation of the whole process application scenarios, and achieve solid results in the development of hydrogen energy industry. The cooperation between Xugong Group and Toyota Motor has strong complementarity, broad prospects and great potential. It is hoped that the two sides will take this signing as an opportunity to cooperate in innovation and win-win cooperation in the research and development of advanced technologies such as hydrogen energy vehicles, fuel cells and core components, so as to help Xuzhou speed up the construction of the whole hydrogen energy industry chain and the demonstration benchmark of hydrogen energy application, and build an innovative demonstration zone of sustainable development agenda with high quality.

Ueda said that changing the future with hydrogen energy is not only the goal of Toyota and Xugong, but also the common ideal of colleagues in the hydrogen energy industry. Xuzhou has a solid foundation for the development of green low-carbon energy industry. It is hoped that the two sides will promote comprehensive cooperation and exchanges in the field of hydrogen energy, help the development of Xuzhou's green low-carbon energy innovation industry cluster, and work together to make positive contributions to the realization of carbon peak and carbon neutralization. After the

meeting, Toyota Motor and Xugong Group signed a strategic cooperation agreement in the field of hydrogen energy between Xugong and Toyota. The two sides will build a hydrogen energy industry base with Xuzhou as the center to promote the development of the whole hydrogen energy industry chain in Xuzhou.