The Shenzhen New Energy Storage Industry Fund, with a total size of 200 billion yuan, has set sail!

The Shenzhen New Energy Storage Industry Fund, with a total size of 200 billion yuan, has set sail!

On June 29, the International Digital Energy Expo 2023 opened in Shenzhen.

The theme of this expo is “Creating a green future with digital energy” and it will run for four days. It is guided by the National Energy Administration, the People's Government of Shenzhen, and the China Electricity Council. The event is organized by the Energy Bureau of Guangdong Province and the Development and Reform Commission of Shenzhen Municipality, and sponsored by the China Southern Power Grid Co., Ltd. Other collaborating entities include Shenzhen Capital Holdings Co. Ltd. (referred to as “Shenzhen Capital “).

One of the highlights of this event is the Digital Energy Forum with the theme “Creating a green future with digital energy” held at the Shenzhen Convention & Exhibition Center. This expo aims to focus on cutting-edge technologies and practices in the global digital energy sector, establish a top-tier global digital energy exhibition brand, strengthen communication and cooperation among all stakeholders in the digital energy ecosystem, aggregate valuable resources, build a digital energy ecosystem, promote the development of emerging industries, and lead the global digital energy industry chain in quality improvement. The Shenzhen New Energy Storage Industry Fund was successfully launched. The fund was jointly established by Shenzhen Capital, district-level guidance funds, district-level state-owned enterprises, energy storage industry chain enterprises, and financial institutions. The fund operates in a market-oriented and professional manner with a total size exceeding 200 billion yuan.

As a co-organizing unit of this expo, Shenzhen Capital has three key roles. First, it is organizing its affiliated enterprises to participate in the Digital Energy Exhibition. Second, it announced the launch of the Shenzhen New Energy Storage Industry Fund with a total size of over 200 billion yuan during the Digital Energy Forum. Third, it is hosting the Digital Energy Investment and Financing Forum scheduled for July 1.

Shenzhen Capital 's exhibition booth revolves around the theme of “Industrial Capital and Industrial Collaboration” showcasing the group and its affiliated industrial enterprises, including China Academy of Building Research, Shenzhen Nanshan Power Co., Ltd, Advanced Solar Power (Hangzhou) Inc., Shenzhen MTC Co., Ltd, and CASTD, which are actively engaged in the digital energy sector. In addition, the group and its affiliated investment and financing institutions, including Vanho Securities, CMAF, Yuanzhi Ruixin, Yuanzhi Chuangtou, and CIMC, are demonstrating their efforts to support the development of the digital energy industry through industrial capital. Shenzhen Capital's exhibition booth reflects the commitment of state-owned assets in Shenzhen to the layout and mission of digital energy and actively implements the national 2030 carbon peak and 2060 carbon neutrality strategy.

The Shenzhen New Energy Storage Industry Fund will work in coordination with the development policy of the Shenzhen Energy Storage Industry Cluster. Following the strategy of strengthening the chain, supplementing the chain, and extending the chain, it will increase investment in core companies and projects of the electrochemical energy storage industry cluster. This will promote the establishment of Shenzhen as a leading national hub for high-quality development of the new energy storage industry, with the headquarters research and development center, high-end smart manufacturing center, multi-scenario demonstration and validation center, and global supply center for high-quality energy storage products and solutions.