Together with Gree Group, the new energy company under the state-owned power enterprise will build an electric ship base in Zhuhai, with a target of selling 250 new energy ships in the next five years.
On April 12, Zhuhai High-tech Zone, Gree Group and a subsidiary of the State Power Investment Group signed a project investment cooperation agreement to promote the two major projects of Ronghe Yuanchu South China Intelligent Manufacturing Base (hereinafter referred to as Ronghe Yuanchu Project) and Qihang New Energy Ship Electrification R&D Center (hereinafter referred to as Qihang Ship Project) to land in the new space of Gechuang 5.0 industry in the High-tech Zone, enabling Zhuhai to seize the highland of new energy industry.
Huang Zhihao, Deputy Secretary of the Zhuhai Municipal Party Committee and Mayor, Wen Hua, member of the Party Group and Secretary-General of the Municipal Government, and Liu Gaolu, Director of the Municipal Investment Promotion Bureau, witnessed the signing ceremony. Han Zhiwei, Secretary of the Party Committee and Chairman of Capital Holding Co., Ltd., Zhang Weidong, Member of the Party Committee and Deputy General Manager of Capital Holding Co., Ltd., Cai Ning, General Manager of CPI Ronghe Financial Leasing Co., Ltd. and CPI Ronghe New Energy Technology Co., Ltd., Zhang Tao, Secretary of the Party Committee and Deputy General Manager of CPI Ronghe Financial Leasing Co., Ltd. and CPI Ronghe New Energy Technology Co., Ltd., Kang Hong, Secretary of the Party Committee and Chairman of Gree Group, Member of the Party Working Committee of the High-tech Zone, Xue Fei, deputy director of the management committee, and Chen En, vice president of Gree Group, attended the signing ceremony.
As a large state-owned backbone enterprise directly managed by the central government, shoulders the important mission of ensuring national energy security, and is the world's largest photovoltaic power generation enterprise, new energy power generation enterprise, clean energy power generation enterprise, and the main enterprise of the national new energy chain. According to the agreement, Gree Group will participate in the mixed-ownership reform of two new energy enterprises, Shanghai Ronghe Yuanchu Energy Co., Ltd. and Shanghai Qiyuan Core Power Technology Co., Ltd., both under the State Power Investment Corporation, to jointly promote the improvement of state-owned capital allocation efficiency and operational efficiency.
▲Qiyuan core power battery swap heavy truck project
It is understood that Qiyuan Core Power is a "unicorn" mixed-ownership enterprise built by and held by the team, focusing on comprehensive smart energy services in the field of "green electric transportation", and its core battery swap patent technology has been deployed in more than 100 heavy truck charging and swapping stations in 31 provinces, municipalities and districts across the country, and is a leading large-scale battery swap service brand in China. The company's independent research on the key technology of battery swapping system and station-network interaction has been approved as the "Key Special Project of Strategic Science and Technology Innovation Cooperation" by the Ministry of Science and Technology.
As a comprehensive service provider of zero-carbon green energy transportation, under the guidance of the corporate mission of "making transportation greener and life better", Qiyuan Core Power actively promotes battery swapping for heavy trucks and electric construction machinery, builds a battery swap service network, provides power battery life cycle management, intelligent digital operation management, customized financial services, etc., and is committed to using green energy to help enterprises start the future.
In December 2023, Gree Financial Investment, a subsidiary of Gree Group, invested in the B round of financing of Qiyuan Core Power, and actively promoted the main leaders of to visit Zhuhai. In recognition of Zhuhai's unique shipping resources and new energy industry accumulation, in December 2023, Qiyuan Core Power, together with China Power Investment Ronghe New Energy Technology Co., Ltd. and Shanghai Ronghe Electric Technology Financial Leasing Co., Ltd., jointly initiated the establishment of Zhuhai Qihang New Energy Technology Co., Ltd. in Zhuhai High-tech Zone, and plans to lease 1,588 square meters of office space in Gechuang Xingu E Zone, which is mainly engaged in new electric ship construction (integrated general contracting) sales, old ship transformation, power system integration and sales, Integrated construction and aftermarket services for water electric ship energy replenishment equipment.
▲The case of the sailing ship project
Qihang New Energy Company will build a management headquarters and ship electrification R&D center in Zhuhai (i.e., the Sailing Ship Project), the company is currently in the early stage of preparation, is expected to open for operation in June this year, and plans to sell 250 new energy ships within five years, with an estimated revenue of 2.5 billion yuan and a contribution of 125 million yuan in taxes.
In addition to the Sailing Ship Project, Gree Group and will also cooperate to build an integrated Yuanchu South China Intelligent Manufacturing Base in Zhuhai High-tech Zone. It is understood that as the industry's first energy storage system integrator to propose intelligent operation and managed operation, Ronghe Yuanchu's main business includes R&D, production and manufacturing of large-scale energy storage system integration products, green electric transportation vehicle energy products, energy digital products, and investment, development and operation of energy storage power stations to provide value-added services for energy storage assets throughout the life cycle.
▲Ronghe Yuan Storage Energy Storage Battery Compartment
In January 2024, Gree Financial Investment, a subsidiary of Gree Group, China Merchants Venture Capital and China Merchants Leasing, a subsidiary of China Merchants Group, jointly led the A round of financing of Ronghe Yuanchu, to promote the establishment of a holding subsidiary of Ronghe Yuanchu Energy Co., Ltd. in Zhuhai High-tech Zone, and planned to lease about 10,000 square meters of factories in Gechuang Xingu Area B and C for investment and construction of the first phase of Ronghe Yuanchu South China Intelligent Manufacturing Base. The project plans to configure an annual output of 2GWh energy storage PACK production line, with an annual output of 5GWh integration capacity, to produce industrial and civil energy storage products suitable for multiple scenarios such as thermal power combined frequency modulation, new energy power generation supporting energy storage, user-side energy storage and independent shared energy storage, as well as oil-to-electricity energy products such as green electric transportation vehicles, ship-borne and agricultural machinery.
With this signing, and Gree Group will give full play to their respective resource advantages, innovate and promote the deep integration model of "new energy + green finance", provide long-term and low-cost funds for green and low-carbon project financing, and meet the needs of low leverage, supplementary capital, mergers and acquisitions, and mixed reform for the long-term development of projects. After the mixed-ownership reform investment, the two parties will promote the Ronghe Yuanchu project and the Sailing Ship project to land in Zhuhai High-tech Zone, and help green and low-carbon enterprises smoothly promote their long-term development and carbon peaking and carbon neutrality goals.
Next, Gree Group will give full play to its advantages as an integrated industrial operator, actively coordinate the resources of all parties to escort the commissioning of key projects, and at the same time help Zhuhai improve the layout of the new energy storage industry with "combination of investment and introduction + chain investment", and add a new army to Zhuhai's construction of a trillion-level modern industrial system at full speed.