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Schneider Electric Hong Kong Signs Strategic Cooperation Agreement with China Life (Overseas)

Hong Kong, 30 January 2019 – Schneider Electric, the worldwide leader in global energy management, automation and digital transformation, has signed Strategic Cooperation Agreement with China Life (Overseas) Company Limited in Hong Kong. Witnessed by Mr. YIN Zheng, Executive Vice President of Schneider Electric, China Operations, and Mr. LIU An Lin, Deputy Chairman and President of China Life Insurance (Overseas) Company Limited, the agreement was signed by Ms. Rerina OR, President – Hong Kong, Schneider Electric, and Mr. YU Deben, Vice President of China Life Insurance (Overseas) Company Limited and General Manager of the Company’s Hong Kong Branch.

As a global specialist in energy management and automation, Schneider Electric propels innovation at every level. Its energy management philosophy entails high connectivity backed by solid expertise and years of experience, and delivers advanced products, technology and solutions in four end-user domains – Buildings, Data Centres, Infrastructure and Industries – empowering better energy management and improved operational efficiency for clients and partners by incorporating data analytics and information technology.

“We are delighted to enter into this strategic agreement with China Life (Overseas). The leading position and financial strength of China Life (Overseas), coupled with Schneider Electric’s global network, advanced energy management solutions and our experienced teams, the agreement will deepen our cooperation with wider scope, taking our business synergy to new heights.” said Mr. YIN Zheng, Executive Vice President of Schneider Electric and President of Schneider Electric China.

“As the internationalization platform of China Life Insurance (Group) Company, China Life (Overseas) is seizing the national strategic opportunities of the Belt and Road Initiative and Greater Bay Area development. We are firmly backed by the mainland with a rock-solid footing in Hong Kong and Macau, and we are setting our eyes on the world,” said Mr. Liu An Lin, Deputy Chairman and President of China Life Insurance (Overseas) Company Limited. “Underpinned by our previous collaborations, and echoing with national strategies, we look forward to creating new forms of cooperation in expanded fields, accomplishing win-win situations with mutual progress.

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