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Category Archives: News Updates

GAC Energy, Tochil Group Move to Drive Nigeria’s Renewable Energy Sector, Green Economy

In a strategic business move to accelerate Nigeria’s transition to sustainable renewable energy, a leading global energy company in the Republic of China, GAC Energy Technology Company Ltd has signed a business partnership with Tochil Group to drive Nigeria’s green economy and renewable energy.

The two multi- million dollars companies are set to formalise this strategic partnership through the signing of a Memorandum of Understanding (MoU), for collaboration and accelerated economic development.

GAC Energy Technology Limited and Nigeria’s Tochil Group held the signing ceremony of the agreement in Nansha District of Guangzhou City.

Director of International Business Department of GAC Energy Technology Limited, Xu Wenqiang, and Chairman of Tochil Group, Tochil Nwaneri, attended the ceremony and signed the agreement on behalf of both parties.

Tochil Group is a Nigerian conglomerate with businesses in real estate, infrastructure, energy, banking, and other sectors. Under the agreement, Tochil Group will introduce GAC Energy’s advanced products and solutions.

Chairman of Tochil Group, Tochil Nwaneri said: “We will use our own advantages to jointly promote the construction of Nigeria’s new energy infrastructure, the sales, application and operation of solar energy solutions, explore new business cooperation models in the field of new energy resources, and promote the transition of Nigeria to clean energy.”

The business partnership aimed at promoting the adoption of the use of renewable energy and setting up charging stations across the country, will facilitate sustainability of the green economy, while developing the infrastructure and business landscape of Nigeria.

The partnership underscores both companies’ commitment to fostering clean energy solutions and enhance improved rural and urban electrification across the country. The two parties expressed readiness to expand operations beyond Nigeria into other African markets, reflecting a shared vision for continental growth.

This cooperation is the expression of GAC Energy’s active implementation of GAC Group’s “1551” international development strategy and accelerated international energy market development. At present, GAC Energy attaches great importance to the development of overseas markets and will fully utilise its product and technological advantages to support the global green energy and low carbontransition development.

Looking ahead, GAC Energy will continue to welcome partners with an open mind, fully utilise the technological advantages and the advantages of digital operational services laid out across the ecosystem industrial chain, actively expand high-quality energy services, and strive to create value for a beautiful green mobile life.

Both GAC Energy Technology Company Ltd and Tochil Group have expressed willingness to collaborate on clean energy initiatives and innovation-driven development, reflecting a shared commitment to sustainability and national growth.

The MoU business signing ceremony was also witnessed by Mr. Deqiang Gao, General Manager, Asia Region, International Business Department, GAC Group, and Mr. Edward Wang, General Manager—Middle East and Africa Region, International Business Department, GAC Group.

Tochil Group Seals Agreement With Foreign Company For Investment In Nigeria

For his avowed determination in supporting the Nigeria’s market space with the most sourced out products and services making top priorities, TOCHIL GROUP has sealed a contract for the establishment of life transforming Factories across Nigeria.

Adequately captured in the contract paper signed on Thursday, June 5, 2025 in China between the Chairman, Jinchao Holding, Cao Xue Song and the Chairman of Tochil Group, Ambassador Dr. Tochil Nwaneri, the most highly demanded goods and services in Nigeria are tenaciously considered.

From the Memorandum of Understanding, MoU, obtained by this Newspaper, Tochil Group is given an approval for the setting up of PVC pipe factory and Juice making factory, respectively.

Also, details of the MoU consented to gold mining operations as well as housing construction projects.

Tochil Group, known for its dexterity, pedigree and and antecedents in the construction industry, diplomat, finance sector, confectioneries, and hospitality industry was expressly granted the partnership by the Executive and Management of Jinchao Holding.

Aside from the thorough business proposal from the leading Tochil Group brand, Jinchao Holding did not just exuded deep confidence in the integrity of Ambassador Tochil Nwaneri, but also assured more dealings with the Nigeria’s business giant, the Tochil Group.

Reeling out the track records of Tochil Group in the construction industry, it was deemed worthy to progress on the housing construction sector alongside real estate development in Nigeria.

Getting his reactions on the latest feat, the Imo State born Diplomat, Amb. Tochil Nwaneri disclosed that the move was geared towards promoting healthy market demands encrypted on quality.

Above all, he enthused that by the time the factories start operations, it will assist the Federal and State Governments it would be domiciled in their states to arrest the unwanton unemployment rate.

According to Nwaneri, most of the social vices springs up from idleness and lack of job opportunities.

Hence, he assured that with the support and partnership of the Federal and State governments, Corporate, Commercial and private entities, the investment he signed with Jinchao Holding will be of tremendous benefit to the citizenry.

Amb. Tochil Nwaneri further revealed that he is open for interested partners to shoot their shot as Tochil Group is a household name with quality and effective service delivery being its watchword.

Firms Partner to Drive Renewable Energy, Green Economy

In a landmark strategic business move proactively taken to accelerate Nigeria’s transition to sustainable energy renewal, a leading global energy company in the Republic of China —GAC Energy Technology Company Ltd— was on Wednesday, June 4, 2025, signed a business partnership with Tochil Group— as the two multi- million dollars companies are set to formalize strategic partnership through the signing of a Memorandum of Understanding (MoU), for collaboration and accelerated economic development, amid commendations.

GAC Energy Technology Limited (hereinafter referred to as GAC Energy) and Nigeria’s Tochil Group held a signing ceremony of the agreement in Nansha District of Guangzhou City Xu Wenqiang, Director of International Business Department of GAC Energy Technology Limited, and Tochil Nwaneri, Chairman of Tochil Group, attended the ceremony and signed the agreement on behalf of both parties.

Tochil Group is a Nigerian conglomerate with businesses in real estate, infrastructure, energy, banking, and other sectors. Under the agreement, Tochil Group will introduce GAC Energy’s advanced products and solutions. We will use our own advantages to jointly promote the construction of Nigeria’s new energy infrastructure, the sales, application and operation of solar energy solutions, explore new business cooperation models in the field of new energy resources, and promote the transition of Nigeria to clean energy.

The business partnership is aimed at promoting the adoption of the use of renewable energy and setting up charging stations across the country will facilitate sustainability of the green economy, while developing the infrastructure and business landscape of Nigeria.

This strategic business partnership underscores both companies’ commitment to fostering clean energy solutions and enhance improved rural and urban electrification across the country; as the two parties have expressed readiness to expand operations beyond Nigeria into other African markets, reflecting a shared vision for continental growth.

Looking ahead, GAC Energy will continue to welcome partners with an open mind, fully utilize the technological advantages and the advantages of digital operational services laid out across the ecosystem industrial chain, actively expand high-quality energy services, and strive to create value for a beautiful green mobile life.

Both GAC Energy Technology Company Ltd and Tochil Group have expressed willingness to collaborate on clean energy initiatives and innovation-driven development, reflecting a shared commitment to sustainability and national growth.

The MoU business signing ceremony was witnessed by the following: Mr. Wenqiang Xu (许文强) – Minister, International Business Department, GAC Group, Mr. Deqiang Gao (高德强, General Manager, Asia Region, International Business Department, GAC Group, Mr. Edward Wang (王磊) General Manager—Middle East and Africa Region, International Business Department, GAC Group, Amb. Dr. Tochil Nwaneri, Chairman , Tochil Group.

GAC Energy Technology Company & Tochil Group Partner To Drive Nigeria’s Renewable Energy Sector And Green Economy

In a landmark strategic business move proactively taken to accelerate Nigeria’s transition to sustainable energy renewal, a leading global energy company in the Republic of China —GAC Energy Technology Company Ltd— on Wednesday, 4th June, 2025, signed a business partnership with Tochil Group— as the two multi-million dollars companies are set to formalize strategic partnership through the signing of a Memorandum of Understanding (MoU), for collaboration and accelerated economic development amid commendations.
GAC Energy Technology Limited (hereinafter referred to as GAC Energy) and Nigeria’s Tochil Group held a signing ceremony of the agreement in Nansha District of Guangzhou City Xu Wenqiang. The Director of International Business Department of GAC Energy Technology Limited, and Tochil Nwaneri, Chairman of Tochil Group, attended the ceremony and signed the agreement on behalf of both parties.

Tochil Group is a Nigerian conglomerate with businesses in real estate, infrastructure, energy, banking and other sectors. Under the agreement, Tochil Group will introduce GAC Energy’s advanced products and solutions.
“We will use our own advantages to jointly promote the construction of Nigeria’s new energy infrastructure, the sales, application and operation of solar energy solutions, explore new business cooperation models in the field of new energy resources, and promote the transition of Nigeria to clean energy” Tochil Group said.

The business partnership, as yours sincerely gathered from China, is aimed at promoting the adoption of the use of renewable energy and setting up charging stations across the country, which will facilitate sustainability of the green economy, while developing the infrastructure and business landscape of Nigeria.
This strategic business partnership underscores both companies’ commitment to fostering clean energy solutions and enhance improved rural and urban electrification across the country; as the two parties have expressed readiness to expand operations beyond Nigeria into other African markets, reflecting a shared vision for continental growth.

This cooperation is the expression of GAC Energy’s active implementation of GAC Group’s “1551” international development strategy and accelerated international energy market development. At present, GAC Energy attaches great importance to the development of overseas markets, and will fully utilize its product and technological advantages to support the global green energy transition and low carbon development.
Looking ahead, GAC Energy will continue to welcome partners with an open mind so as to fully utilize the technological advantages and the advantages of digital operational services laid out across the ecosystem industrial chain, and actively expand high-quality energy services while striving to create value for a beautiful green mobile life.
Both GAC Energy Technology Company Ltd and Tochil Group have expressed willingness to collaborate on clean energy initiatives and innovation-driven development, reflecting a shared commitment to sustainability and national growth.

The MoU business signing ceremony were witnessed by the following;

  • Mr. Wenqiang Xu (许文强) – Minister, International Business Department, GAC Group
  • Mr. Deqiang Gao (高德强), General Manager, Asia Region, International Business Department, GAC Group
  • Mr. Edward Wang (王磊) , General Manager—Middle East and Africa Region, International Business Department, GAC Group.
  • Amb. Dr. Tochil Nwaneri, Chairman, Tochil Group.
  • Njoku Macdonald Obinna, Media Consultant|Newspaper Columnist|Public Analyst|PR-Expert`
    Publisher, 4th Estate Reporters

Another Business Milestone Recorded As Chairman Of Tochil Group, Nwaneri, Signs Business Partnership With Hubei Senyuan Chinese Company, Contributes To Nigeria’S Economic Development

 Njoku Macdonald Obinna

Shiyan, Republic of China.

A leading Nigerian company—Tochil Group— with business interests spanning real estate, road construction, investment banking, hospitality, and oil and gas in partnership with Hubei Senyuan Import and Export Company— on Friday, May 30, 2025, officially signed a Memorandum of Strategic Cooperation in Shiyan, Republic of China.🇨🇳

Tochil Group and Hubei Senyuan Import and Export Company jointly promote the SKD production project of the automobile industry and the large chain hypermarket project in the Federal Republic of Nigeria.

This strategic partnership and business cooperation, Publisher of 4th Estate Reporters, Njoku Macdonald Obinna, gathered, is saddled with the core mandate of “pooling intelligence and strength to co-build a strategic framework for the vigorous development of Africa as Hubei Seno Import and Export Company will supply Tochil Group with products such as automobiles, medical devices, mining equipment, and material supply chain, and provide technical support such as design integration and quality control; while Tochil Group will export mineral resources to China. The two sides expect to gradually establish a leading position in the African market through in-depth supply.

Speaking during the signing of MOU document , Amb. Dr. Tohill Nwaneri , Chairman of Tochil Group of Companies, stated: “Hubei Senyao is committed to being a leader in Africa’s supply chain solutions, and this partnership will further consolidate our market position in the supply chain sector. We will work closely with Hubei Senyao to bring innovative products and services to African customers.”

Liu Tao, chairman of Hubei Senyao Import and Export Company, said: “This signing marks an important breakthrough in market synergy for Chinese African supply chain enterprises. Hubei Senyao, as a global supplier of supply chain services has formed a complementary accumulation in the global supply chain industry with its efficient and quality services. The two sides will provide more professional products and services to overseas customers through in-depth cooperation”, he maintained.

Tochil Group and Hubei Senyao Import and Export Company will deepen their synergy in the international market with this strategic cooperation as the starting, jointly respond to market changes and challenges, and build the “Belt and Road” to effectively promote the economic development of the Federal Republic of Nigeria through job creation and productive engagements of her citizens.

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