On August 26, 2021, Jia Geng, Vice President of Beijing Energy International Holdings Co., Ltd., met in Beijing with Xie Ailong, Chairman of Shenzhen Joint Fortune Capital Co., Ltd., and Yi Zhongge, Executive Vice President of China Association of Small & Medium Commercial Enterprises and President of CVCC. The multiple sides held discussions on hydrogen energy industrial capital cooperation. The meeting was also attended by Tang Zhiwei, General Manager of Shenzhen Joint Fortune Capital, Huang Jiang, Executive Deputy General Manager of Inner Mongolia LONGi Clean Energy Co., Ltd., Deng Zhuoyuan of CVCC, Investment Director Zhao Li and CFO Wang Yang of Beijing Energy International, and General Manager of North Branch of Beijing Energy International.

Jia Geng extended a welcome to Xie Ailong and other guests, and introduced Beijing Energy International’s current business development and mid- to long-term development plan. He said that Beijing Energy International, as a pilot enterprise for the “Double Hundred Action” of the mixed-ownership reform of state-owned enterprise designated by Beijing Energy, is committed to building itself into a first-class international clean energy ecological investment operator. It is currently seeking development in the sectors including hydrogen energy and energy storage. In the future, it will enhance capital operation and make concerted efforts to build an industrial ecosystem. It is very willing to cooperate with Shenzhen Joint Fortune Capital on the construction of hydrogen energy-driven heavy truck industrial base and equipment manufacturing and promote the sound development of the industry through the integration of industry and finance.

Tang Zhiwei introduced the development of Shenzhen Joint Fortune Capital and its industrial landscape in hydrogen energy.

Xie Ailong said that Shenzhen Joint Fortune Capital recognizes the strengths of the system and mechanism of Beijing Energy International, and is willing to conduct more in-depth communication with it on the basis of this meeting over the construction of hydrogen-based clean energy industry bases and equity cooperation and ensure the implementation of relevant project resources towards mutual benefits and win-win results.

Yi Zhongge briefly introduced the profile of China Association of Small & Medium Commercial Enterprises and CVCC, and said that hydrogen energy, as an important energy scenario for China to achieve the goal of peaking carbon emission and reaching carbon neutrality, will bring huge development opportunities. CVCC will continue to strive to provide better services for the multi-party cooperation and jointly promote the development of the hydrogen energy industry.