On September 26, NNFE Holding and Qinhuangdao Municipal Government held the signing ceremony of Blue Sky Equity Investment Fund for their strategic cooperation at the Finance Bureau. Yuan Yongchun (the Municipal Standing Committee and Executive Deputy Mayor of Qinhuangdao Municipal Government), Song Xiaoyu (Chairman of the Board of NNFE Holding), You Genwang (Senior Vice President of NNFE Holding), Fan Yi and other leaders concerned attended the signing ceremony. Song Xiaoyu (Chairman of the Board), on behalf of NNFE Holding, signed the Strategic Cooperation Agreement with Qinhuangdao Municipal Government leaders concerned.
Signing Ceremony Site (1)
Through the signing of the Strategic Cooperation Agreement, Qinghuangdao Municipal Government selected NNFE Investment as one of the administrators of Blue Sky Fund through open recruitment. The initial scale set for Blue Sky Fund was 1.4 billion yuan, with 7-year duration in principle. The capital of RMB 340 million yuan of Blue Sky Fund, entering into Qinghuangdao municipal finance budget through enlending by the Provincial Finance Department, was used as the guiding fund to play the guiding, driving and amplification effects of government funds. Several sub-funds established through the introduction of social capitals from financial institutions, energy conservation and environmental protection funds, were mainly invested in the key fields and projects related to Qinhuangdao municipal atmospheric pollution control as well as the fields related to energy conservation and environmental protection, new energy, industrial transformation and upgrading. It has played a leading role in economic restructuring, energy conservation and emission reduction, industrial upgrading and urban taste promotion of Qinhuangdao City.
Subsequently, Mr. Liu Genwang, on behalf of NNFE Investment Fund Management Co., Ltd., signed the Blue Sky Fund Partnership Agreement (with the total scale of RMB 700 million yuan) with Qinghuangdao Jincai Investment Holding Co., Ltd.
Signing Ceremony Site (2)
Ms Fan Yi, on behalf of the Blue Sky Equity Investment Fund, signed the Investment Cooperation Memorandum with the representatives of Yaohua Group, Mengshi Technology, Jing'ao Solar Energy and other enterprises concerned. The parties will strengthen their cooperation in capacity optimization, new energy and other related fields.
Signing Ceremony Site (3)
Relying on the brands of NNFE Investmet Fund under NNFE Holding, and following the gradually deepening strategic cooperation between NNFE Holding Group and Qinghuangdao City, NNFE Holding will continue to deeply plough Qinghuangdao market, exert great efforts to promote economic restructuring and industrial upgrading, actively support and participate in the economic construction of Qinghuangdao City so as to make contributions to build “the Port City Qinghuangdao”, while realize the green and environment-friendly sustainable development of Qinhuangdao market, and achieve the win-win results of the government, enterprises and society.
