Hanoi, November 4, 2025 – At InterContinental West Lake Hanoi, Bao Tin Trading and Logistics Sole Member Co., Ltd. (PPL) and CRRC Zhuzhou Institute officially signed a Memorandum of Understanding (MOU), marking a significant milestone in establishing a strategic partnership between the two companies. The collaboration aims to foster sustainable growth in logistics, industrial transportation, and large-scale energy projects.

The signing ceremony was held in the presence of senior executives from both organizations, along with industry partners and distinguished guests. The MOU not only opens the door to broader and deeper cooperation between PPL and CRRC Zhuzhou Institute but also reflects the two companies' long-term commitment to enhancing supply chain efficiency, optimizing logistics operations, and supporting the implementation of key industrial projects in Vietnam and across the region.

CRRC Zhuzhou Institute is a member of CRRC Corporation, one of the world's leading industrial groups headquartered in China, with more than 60 years of expertise in railway transportation research, development, and technological innovation. In recent years, CRRC has continuously expanded its business portfolio, taking a leading role in renewable energy solutions and green technologies, contributing to the global transition toward sustainable energy and low-carbon development.

As one of Vietnam's leading logistics providers specializing in oversized and overweight cargo transportation, energy projects, oil and gas, and heavy industry logistics, PPL is well positioned to become a trusted strategic partner of CRRC Zhuzhou Institute in supporting project implementation throughout Vietnam and Southeast Asia.

Speaking at the ceremony, a representative of PPL emphasized that the partnership with CRRC Zhuzhou Institute represents an important milestone in the company's strategy to expand its international partner network. It also provides an opportunity for PPL to further strengthen its capabilities in delivering specialized logistics solutions that meet the increasingly demanding requirements of large-scale industrial and energy projects.

This strategic partnership not only reflects the shared vision of both companies in promoting international cooperation but also reinforces PPL's position as one of Vietnam's most trusted and professional logistics partners. The MOU lays a solid foundation for future collaborative opportunities while contributing to the sustainable development of the logistics, energy, and industrial sectors in Vietnam and the wider region.