On May 19, BOCOM International (3329. HK), together with Binhu District People’s Government of Wuxi and national energy group capital holding company, signed a strategic cooperation agreement in Wuxi. All parties will work closely to make full use of their advantageous resources and jointly promote the establishment of science and innovation equity investment fund in the field of green double carbon.
Wuxi Jiaoneng Green Technology Fund under preparation is the first green dual carbon theme fund within the system of BOCOM group. It will empower and serve the transformation and upgrading of energy structure and the innovation and development of green technology with equity investment. The total scale of the fund is planned to be 2 billion yuan, with the first phase of 1 billion yuan. It is expected to be established by the end of June this year. The fund will focus on the theme of “green + technology”, aim at the two-way emission reduction route on the supply side and demand side, layout the upstream and downstream industrial chain of new energy, and increase double carbon investment opportunities in energy storage, smart transportation, industrial energy conservation, low-carbon materials and other fields.
Bocom international will give full play to the brand advantages of BOCOM science and innovation fund, rely on the green technology fund of Jiaoneng, support and guide more green technology-based enterprises to blossom in the lakeside, help Bank Of Communications Co.Ltd(601328) and Wuxi Municipal government to deepen comprehensive strategic cooperation, give full play to the collaborative communication between central enterprise resources and local governments, further drive and promote the high-quality development of green industry and green economy in Wuxi, and jointly create a new era of government, enterprise Bank cooperation model.
