Core Insights - China Pingmei Shenma Group and Gree Electric Appliances are deepening their collaboration to enhance cooperation depth and breadth, aiming for a win-win partnership [1] - The partnership originated from a strategic need for "mine air conditioning" proposed by Pingmei Shenma's Chairman Li Mao in 2020, addressing the lack of mature solutions for deep well heat management [1] - Gree Electric has developed specialized air conditioning solutions for underground high-temperature operations, breaking industry barriers and improving working conditions for miners [1] - Gree Electric also created ground waste heat recovery devices to enhance energy efficiency, promoting green transformation in mining operations [1] - Future collaboration will focus on developing localized cooling solutions for mining operations and exploring opportunities in renewable energy, including energy storage technology and photovoltaic industry cooperation [1] Company and Industry Developments - The collaboration emphasizes technology as a bridge and responsibility as a core value, aligning with the public's aspiration for a better life and safeguarding workers' welfare [3] - The partnership aims to inject new momentum into industrial upgrades and sustainable development, ensuring economic and ecological benefits are achieved simultaneously [1][3]