Xiehe New Energy (00182): Exploring the dual-drive business model from “investment and operation” to “investment and operation+professional management”

The Zhitong Finance App learned that recently, Xiehe New Energy Group (00182) and its joint venture asset management have joined hands with Taikang to jointly launch the establishment of a 1.8 billion yuan new energy investment fund. The fund will be committed to actively developing and investing in high-quality new energy projects and actively expanding the commercial operation model through innovative capital cooperation.

From “investment and operation” to “investment operation+professional management”: two-wheel drive expands business model

As a leading green power developer and operator, Kyoho New Energy has a power station capacity of over 5 GW and has nearly 20 years of experience in project development, construction and operation management. The launch of the fund is an important strategic step for the company to actively expand its asset management business and improve the efficiency of the use of funds on the basis of the main business of investment and operation of power plants.

The fund will mainly invest in new energy power plant projects including wind power, photovoltaics, and energy storage. Through this platform, Kyoho New Energy will upgrade from a single “power plant investment operator” to the dual role of “operator+professional asset management”. While continuing to consolidate the main business of power plant operation, the company will systematically export its mature experience in project evaluation, construction management and power plant operation to provide the fund with industry insight and professional services to ensure the quality of qualifications and stable earnings. This model not only helps improve the efficiency of the company's capital use, but also further broadens the company's profit sources, diversifies the company's revenue from power generation business to management services and capital income, and establishes a more stable business model for its long-term sustainable development.

Strategic synergy between long-term capital and stable assets

The characteristics of large insurance funds, long cycle, and pursuit of stable returns are highly compatible with the characteristics of NEV power plant assets for a long period of operation and stable cash flow, laying a solid foundation for this cooperation.

For Taikang: This investment is an important allocation in the country's “dual carbon” strategic direction. It has obtained highly matched high-quality underlying assets, and achieved the dual goals of insurance funds supporting the real economy and obtaining long-term stable returns.

For Xiehe New Energy: The fund marks that the company has further expanded its asset management business model on the basis of the main business of power plant operation, using professional power plant operation and management capabilities as “leverage” to achieve a double improvement in the growth model and value creation.

Professional division of labor to build a win-win ecosystem

This partnership combines professional experience in industry and finance:

As the cornerstone of the industry, Kyoho New Energy and its cooperative asset management provide nearly 20 years of industry experience, as well as proven project evaluation systems and technical standards to lay the foundation for asset quality and ensure stable project operation and cash flow.

As the foundation of capital, Taikang provides long-term and steady financial support, matches the characteristics of new energy assets, and strongly promotes the strong integration of insurance funds with the real economy through professional experience in the financial field.

This combination of “industry+finance+professional management” will form a win-win ecosystem with a virtuous cycle and jointly promote the high-quality development of the new energy industry.

outlook

The establishment of this fund is an innovation in the capital and industry cooperation model in the field of new energy. It indicates that the new energy industry is actively expanding a new model of efficient separation of capital and operation and division of labor. In the future, the fund will rapidly advance the investment layout and inject new momentum and vitality into the green transformation of the energy structure.