On June 15, 2005, Shanghai (Zhida Zhilida) Control Ltd. signed a cooperative agreement with Boyuan, which indicates a real start of comprehensive and substantial cooperation on “online monitoring and failure diagnosis system”between two parties. Mr.Jiang Zhiwei, the General Manager of Shanghai Zhida Zhilida Ltd., Mr.Cheng Jingqi, Engineering Director of Huadong Electricity Management Bureau, Mr.Chen Xianrui, previous Deputy Engineering Director of Northwest Grid Corp., Mr.Wang Yuanfang from Northwest Electricity Science College, Mr.Xi Baofeng, the General Manger of Boyuan and Dr.Xu Yang and Mr.Wang Changan, the Deputy General Manager and Mr.Cao Xiaolong from State Key Lab of Electricity Insulation attended the signing ceremony.
This frame cooperative agreement symbolizes a win-win position for both parties concerning about new product research and market development. The conduct is believed to be a firm basis for a wider cooperation in the area of online monitoring.