LONDON - TelAve -- Wah Kwong NatPower Limited ("WK NatPower") and Jiangsu Port Group Investment Management Co., Ltd. ("Jiangsu Port Investment"), a wholly owned subsidiary of Jiangsu Port Group, recently signed a Memorandum of Understanding at the Jiangsu International Maritime Conference in Nanjing.

The MOU strengthens collaboration across the maritime, port and clean energy sectors, bringing together expertise in shipping, port infrastructure and electrification technologies.

As China's leading province for inland waterway transport, with the country's largest inland waterway network, Jiangsu plays a critical role in the nation's shipping and logistics system. The partnership represents a strategic step in WK NatPower's China strategy.

Building on the momentum of its Zhejiang projects, WK NatPower is extending its footprint further into one of the country's most significant inland shipping areas. By leveraging the strengths of their respective parent companies, Jiangsu Port Group, Wah Kwong Maritime Transport and NatPower, the parties will also establish a high-level cooperation mechanism to explore opportunities for deeper collaboration and enhance the complementary use of global maritime and port resources.

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From a technological perspective, WK NatPower is evolving from individual charging infrastructure towards integrated energy systems combining charging, battery storage and battery-swapping solutions capable of serving a broader range of operational scenarios.

By combining the international experience and global network of WK NatPower and its partner NatPower Marine, with Jiangsu Port Group's local resources and project delivery capabilities, the partnership will promote coordinated regional development. It also demonstrates WK NatPower's commitment to the electrification of China's inland waterway transport sector.