Wujiagang District held the strategic cooperation signing ceremony of the "Energy-Saving industry of Innovative Motors" project on July 22. Hubei Chuangquan Electric Co. Ltd. got a 500 million yuan "financing deal" from 3 investment subjects like Shenzhen Xinsanzhong Energy Investment Co. Ltd. and etc. and that will be used to technical transformation of "One motor driving multi-equipments" to help the company become bigger and stronger and realize public listing as soon as possible. Song Wenbao, Member of Standing Committee of Municipal Committee and executive vice-mayor attended the signing ceremony.

Hubei Chuangquan Electric Co. Ltd., which located in Gonglian Village, Wujiagang District, is a national high-tech enterprise. Zhou Shunxin, chairman of the company developed the energy-saving technology of rotor frequency control which is "one motor drives multi-equipments". Under certain conditions, that technique can save about 20% power. In May 2014, the technology passed experts\' review and became the first identified project of energy-saving technology in central China. The design of core component in this energy-saving technology has complete independent intellectual property rights and it has got the invention patent of China, the United States, Russia, Canada, Japan, South Korea and other countries and Taiwan China. And now, it has been widely used in petroleum and petrochemical industries, area of invention petroleum and petrochemical industries, ferrous metallurgy, shipbuilding and offshore industries and other fields.

In order to facilitate the cooperation, the Committee and government of the Wujiagang District formed a special team to Beijing, Zhuhai, and Shenzhen to actively contact with Beijing Changyangguanghui Technology Co. Ltd., Hong Kong Sino Resources Group Limited and Shenzhen Xinsanzhong Energy Investment Co. Ltd. In recent years, Zhou Shunxin put his efforts into introducing strategic investors and he has made connections with Zhao Maozhong, Chairman of Beijing Changyangguanghui Technology Co. Ltd, since 7 years ago.

The strategic cooperation invested 500 million to Hubei Chuangquan Electric Co. Ltd. to build "National High-tech Industrial Park of Energy Conservation and Emission Reduction Park", and "Zhou Shunxin\'s Studio" will be built into the "king of frequency control" in the world. (Reporter: Huang Chunmei; Correspondent: Gong Yanju)