Cloud Quick Chong and GLP Yinshan Capital set up a charging pile industry fund to promote new double-carbon infrastructure.

Published: Oct 12, 2021 08:31
[cloud Quick Chong and GLP Yinshan Capital set up a charging pile industry fund to promote double-carbon new infrastructure] on October 11, the signing ceremony of Nanjing hidden carbon energy cloud new energy industry development fund (hereinafter referred to as hidden carbon fund) with the theme of "gathering new energy and carbon neutralization" was held in Nanjing. As the first fund project in the field of charging infrastructure, the hidden carbon fund is established to realize the sharing of resources and complementary advantages of all parties, join hands with local governments and the upstream and downstream of the industrial chain to serve the national new energy strategy, and respond to the national goal of "double carbon". Work together to create social value.

On October 11, the signing ceremony of Nanjing hidden carbon energy cloud new energy industry development fund (hereinafter referred to as hidden carbon fund) with the theme of "carbon neutralization of new energy" was held in Nanjing. As the first fund project in the field of charging infrastructure, the hidden carbon fund is established to realize the sharing of resources and complementary advantages of all parties, join hands with local governments and the upstream and downstream of the industrial chain to serve the national new energy strategy, and respond to the national goal of "double carbon". Work together to create social value.

It is understood that the hidden carbon fund has a total size of 1 billion yuan, and the first phase is 200 million yuan, which is jointly sponsored by GLP Yinshan Capital and Yun Kuaichong. The fund is jointly funded by the high-tech industry development fund enterprise in the southeast of Nanjing Jianyuan Zone (limited partnership), Nanjing Pukou Development Zone High-tech Investment Co., Ltd., Changyuan Shenrui Jibao Automation Co., Ltd., and GLP Yinshan Capital serves as the fund manager. The third party chargers the Internet of things "bellwether" Yun Kuaichong as the asset manager.

"the domestic trillion-level urban distribution logistics market is accelerating electrification, and this transformation and upgrading trend is highly consistent with the national 'double carbon' strategy," Dong Fanghao, chief strategy officer of GLP China and chairman of Yinshan Capital, pointed out at the signing site. Hidden carbon Fund is the first fund for Yinshan Capital to focus on new energy industry investment, with carbon neutralization and carbon peak schedule becoming clear. Green logistics supply chain will continue to be the key investment direction of Yinshan Capital.

Cloud Quick Chong CEO Tian Bo said that as a fund asset manager, Cloud Quick Chong will build the country's largest logistics service charging network and public service charging network in the future, relying on hundreds of logistics parks and logistics scenes of GLP and ecological enterprises in China. It is estimated that during the whole fund cycle, the total charging capacity of the charging piles will reach 10 billion kilowatt-hours, and the total mileage of new energy vehicles will reach 35 billion kilometers, which can reduce the burning of 4.2 billion litres of gasoline and reduce carbon dioxide emissions by 9.66 million tons.

Openness, cooperation, clean energy and high efficiency are the original intention and consensus of the hidden carbon fund, and it is also the inherent gene of cloud fast charge. As a leading new energy Internet of things service provider in China, Cloud Quick charge promotes and optimizes the cooperation between upstream and downstream of the industry based on its unique business model, creating the largest third-party charging Internet of things SaaS platform in the country. As of September 2021, the charging business of the cloud fast charging platform has covered more than 310 cities across the country, there are more than 2700 service pile operators, and the number of directly connected charging piles has exceeded 130000. Its strong direct connection capacity of charging piles and the operation capacity of big data can provide its customers with all-round solutions for charging pile location planning, construction, generation operation, finance, energy storage and so on, which will play a significant role in the asset management of the fund. Effectively promote the reform, innovation and upgrading of China's new energy transportation industry.

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