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Join Hands for an Industrial Metaverse: Shanghai Electric Signs Strategic Cooperation Agreement with Bentley
2022/11/10  EN_上海电气集团股份有限公司

On the morning of November 7, the signing ceremony of the state-owned enterprise sub-group of Shanghai trade delegation for the 5th CIIE kicked off at the National Exhibition and Convention Center (Shanghai). Shanghai Electric Smart Energy Technology Co., Ltd. inked a strategic cooperation agreement with Bentley, as witnessed by Zhang Wei, Deputy Mayor of Shanghai and Member of the Standing Committee of Shanghai Municipal Party Committee, Zhuang Mudi, Deputy Secretary-General of Shanghai Municipal Government, and Bai Tinghui, Party Secretary and Head of Shanghai Municipal State-owned Assets Supervision and Administration Commission. Leng Weiqing, Secretary of the Party Committee and Chairman of the Board of Directors of Shanghai Electric Group, attended the signing ceremony.

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The signed agreement signifies Shanghai Electric and Bentley joining hands in the industrial metaverse for all-round innovation in the development, construction and operation of digital and intelligent application platforms in energy, industry and other infrastructure areas.

As a world-class comprehensive high-end equipment manufacturer, Shanghai Electric takes digitalization as one of its most important directions of transformation and upgrading in the 14th Five-Year Plan period. Shanghai Electric Smart Energy Co., Ltd. was established in this context. It is an industrial Internet technology company in the vertical market of smart and low-carbon energy, providing three types of services: smart power plants, intelligent manufacturing, low carbon solutions and project implementation. Bentley has experience in developing and implementing industrial software with advanced digital twin technology. According to the agreement, the two companies will leverage their respective advantages and work together to build an industrial metaverse based on the industrial Internet and intelligent manufacturing, with a focus on industrial software supply capacity and integration technology. By cooperating in energy engineering, digital factories, industrial software localization and other projects, the two companies aim to empower the digital transformation of domestic manufacturing businesses and put them on a fast track of high-quality development.

To expand the spillover effect of the CIIE, a summit dialogue on “Low Carbon - Global Innovation and Green Development” was held at the signing ceremony. Shanghai Municipal State-owned Assets Supervision and Administration Commission invited Jin Xiaolong to deliver a speech on behalf of Shanghai Electric, entitled “Joining Hands for a New, Low-carbon Development Paradigm of Global Energy and Industry”.

Founded in 1984, Bentley is a leading global software company headquartered in Pennsylvania, U.S. On September 22, 2020, it went public on NASDAQ, and it ranked 70th on Forbes Software 100. Bentley is dedicated to providing architects, engineers and owner-operators with comprehensive software solutions for sustainable infrastructure development.