Chairman Lee Q. Shim of Canada's Lee Li Holdings Visits Daqo Group for Strategic Cooperation Talks

On August 29, Mr. Lee Q. Shim, Chairman of Canada's Lee Li Holdings, led a delegation on a visit to Daqo Group. The two sides held in-depth discussions on potential cooperation opportunities in the North American power transmission market. Mr. Xu Xiang, President of Daqo Group, warmly received the guests. The delegation, accompanied by other company leaders of Daqo Group, visited Daqo Group’s oil transformer plant and the gas-insulated switchgear production workshop of Changjiang Electric Co., Ltd.

During the visit, the Lee Li Holdings delegation gained a comprehensive understanding of Daqo Group’s technological expertise and extensive experience in power transformers, gas-insulated switchgear, and other intelligent power distribution equipment. Both parties engaged in detailed discussions on leveraging their respective strengths to promote products that meet North American market standards and certification requirements. President Xu Xiang emphasized that Daqo Group will leverage its robust R&D and manufacturing capabilities, combined with Lee Li Holdings’ localized resources, to enhance their competitiveness in the North American market.

During the discussions, Chairman Lee Q. Shim introduced Lee Li Holdings’ strong presence in the Canadian power equipment market, highlighting its long-term collaborations with utility companies such as Hydro One and Electra. He noted that with the increasing demand for power infrastructure upgrades in North America, the market potential for high-quality transformers and power distribution equipment is significant. Lee Li Holdings looks forward to partnering with Daqo Group to deepen cooperation in certification, market development, and localized services, jointly exploring opportunities in the North American power transmission market.