share_log

协鑫新能源(00451.HK)成立氢能事业部 与中建投资本订战略合作协议

Xiexin New Energy (00451.HK) established hydrogen Energy Division and signed a strategic cooperation agreement with China Construction Investment.

金融界 ·  Jul 29, 2021 07:25

Original title: Xiexin New Energy (00451.HK) established hydrogen Energy Division and China Construction Investment this strategic cooperation agreement source: Caihua Network

Poly Xiexin Energy (03800.HK) and Xiexin New Energy (00451.HK) jointly announced that Xiexin New Energy has established the hydrogen Energy Division to actively study and develop hydrogen energy and related industries.

In view of the global promotion of decarbonization, the company believes that there is a huge room for domestic and global demand for hydrogen energy, and it is expected that the next decade will be a key strategic opportunity for the investment and application of hydrogen energy. At the same time, taking into account the diversified layout of hydrogen energy in the future, the company has signed a non-legally binding memorandum of understanding with Poly Xiexin Natural Gas, a related person, to make use of its rich natural gas resources overseas to process it into liquid ammonia form, and then shipped back to China to produce hydrogen, so that the company is expected to meet the hydrogen needs of major domestic steel mills, glass mills, ceramic factories and other major customers. To build the company into a major international hydrogen energy supplier and integrated service provider.

So far, the company has announced or completed the sale of more than 5.6 gigawatts of photovoltaic power station assets, successfully realizing the transformation of light assets and returning liabilities to a more robust level. In the future, in addition to focusing on photovoltaic business, we will actively seek opportunities for other clean energy businesses.

On July 28, 2021, Xiexin New Energy and China Construction Capital Management (Tianjin) Co., Ltd. (China Construction Investment) signed a strategic cooperation agreement (China Construction Capital Strategic Cooperation Agreement). The content is about Xiexin New Energy and China Construction Investment originally planned to cooperate to set up a hydrogen energy industry investment fund with a total size of RMB 10 billion, which will be used to invest in the company's hydrogen energy business. China Construction Capital (or its designated principal) shall be the manager and general partner of the fund, and shall be responsible for the fund raising, establishment and management of the fund. The company will assist China Construction Capital in promoting the establishment and landing of the fund. The strategic cooperation agreement of China Construction Capital shall not be legally binding on both parties, and shall be subject to the agreement of the fund management contract and its subsidiary legal documents signed by both parties.

On July 28, 2021, Xiexin New Energy and Jianyin International Asset Management Co., Ltd. (Jianyin International Asset Management) signed a memorandum of strategic cooperation (Jianyin International Strategic Cooperation Memorandum). The content is about the proposed cooperation between Xiexin New Energy and Jianyin International Asset Management to establish a new energy industry investment fund, with a total amount of no more than 800 million US dollars. Used to invest in new energy-related businesses and investment projects related to carbon emission reduction and carbon neutralization (including but not limited to the investment projects recommended by Xiexin New Energy in line with the investment direction of the Fund). Jianyin International Asset Management is the manager of the fund, and the main body designated by Jianyin International Asset Management is the general partner of the fund, while Xiexin New Energy (or its designated subject) is one of the limited partners of the fund.

The Memorandum of International Strategic Cooperation of CCB shall not be legally binding on both parties and shall be subject to the agreement of both parties through their respective due diligence and internal examination and approval, as well as the fund legal documents signed.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment