On December 1, Anhui Conch Group Co., Ltd. signed a strategic cooperation agreement with Longji Green Energy. The signing of this agreement will further enhance the level of cooperation between the two sides, broaden the areas of cooperation, promote resource sharing and integration, carry out in-depth cooperation in photovoltaic business, power plant projects, hydrogen energy applications and other fields, effectively reduce carbon emissions and promote clean energy applications. Add new green power to the transformation and upgrading of traditional industries. Yang Jun, Secretary and Chairman of the Party Committee
of Conch Group, and Zhong Baoshen, Chairman of Longji Green Energy, took a group photo
with Yang Jun, Secretary and Chairman of the Party Committee
of Conch Group, and Wang Yanglin, Deputy Secretary and General Manager of the Party Committee of Conch New Material. Pan Zhonghong, Assistant General Manager of Conch Cement, Zhong Baoshen, Chairman of Longji Green Energy, Chen Pengfei, President of Longji Green Energy China Government and Enterprise Regional Department, and Ma Jun, Chairman of Longji Hydrogen Energy, attended the signing ceremony. Pan Zhonghong, Assistant General Manager of Conch Cement, and Chen Pengfei, President of Longji Green Energy China Government and Enterprise Regional Department, signed the contract on behalf of both sides. Leaders such as Yang Jun, Party Secretary and Chairman of Conch Group, and Zhong Baoshen, Chairman of Longji Green Energy, met and signed.
It is reported that through this strategic contract, Longji Green Energy will work together with Conch Group to give full play to the advantages of both sides, promote resource sharing and integration, realize the "1 + N" cooperative ecological model of information sharing and coordinated development, and promote the business development direction of Longji's future distributed photovoltaic and deep decarbonization of high carbon emission industries. Focusing on the development mode of "one base and five industries" of Conch Group, the five major industries of new energy, new materials, environmental protection industry, digital economy and international trade are mutually promoted to jointly promote the development of green energy.
Longji will also take this contract as an opportunity to empower Conch Cement in an all-round way, carry out industrial matching, deepen cooperation in photovoltaic industry related technological innovation, carry out the "1 + N" cooperation model to the end, create a benchmark case of ecologica l partnership strategic cooperation model, form a linkage effect from point to area, and play a demonstration role for more ecological partnership cooperation. Promote the rapid growth of government and enterprise business.
In order to broaden the scope of cooperation, we should seek cooperation not limited to "green electricity + carbon trading" and hydrogen energy, so as to realize all-round strategic cooperation between the two sides.
According to public information, Longji Green Energy Technology Co., Ltd., founded in 2000, is committed to becoming the most valuable solar energy technology company in the world. Longji Green Energy has a number of manufacturing bases in China, Vietnam, Malaysia and other countries and regions, and has branches in the United States, Japan, Germany, India, Australia, the United Arab Emirates, Thailand and other countries, with business in more than 150 countries and regions around the world.
As of December 5, 2023, the total market value of Longji Green Energy was 156.2 billion yuan, ranking first in the industry.
According to the "2022 Global Photovoltaic Module Shipment TOP10" list released by the Digital New Energy DataBM. Com in July this year, Longji Green Energy ranked first.
Source Digital New Energy DataBM. Com
It is understood that the new energy industry layout of Conch Cement began in 2021. At the end of August
of that year, Conch Cement acquired 100% equity of Conch New Energy held by Conch Investment, a related party, at a 44321 of 0.06 million yuan.
Conch Cement said that Conch New Energy is mainly engaged in photovoltaic power generation and other businesses, which can provide power support for the company's cement production and play a good supporting role in the development of the company's main cement industry. At the same time, the company gives full play to its capital and location advantages to develop new energy business, which is conducive to creating a new industrial growth level. After
that, Conch Cement began to develop new energy business frequently. In January
2022, the registered capital of Conch New Energy was increased from 500 million yuan to 5 billion yuan; in March, Fengyang Conch Photovoltaic Technology Co., Ltd. was indirectly wholly-owned by Conch Cement, with a registered capital of 1 billion yuan. In March of that year, Conch Cement announced that in 2022, it would invest 5 billion yuan in the development of new energy businesses such as photovoltaic power plants and energy storage projects to achieve full coverage of photovoltaic power generation in its factories. In
2022, Conch New Energy independently invested in the establishment of 53 new energy companies. In January
2023, Conch New Energy and China Coal Xinji Energy Co., Ltd. jointly invested and established Conch Zhongxin Mingguang New Energy Co., Ltd.; in January, Conch New Energy and Xinji Energy jointly invested and established Xinji Mingguang New Energy Co., Ltd.; in June, Conch New Energy invested and established Laibin Conch New Energy Co., Ltd. Li Qunfeng, executive director and general manager
of Conch Cement, has previously made it clear that new energy is an important track for the company's transformation and development. One reason is that Conch Cement itself needs to find new profit growth points, while the new energy industry still has broad growth space in the future; at the same time, we believe that the new energy business can provide strong support for the carbon reduction of the main cement industry and assist the main industry. The company has been studying the new energy industry chain, and the current investment projects are mainly power stations and energy storage. As we continue to develop upstream of the industrial chain, we are also carrying out the layout of photovoltaic glass.
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