Recently, a strategic cooperation agreement was signed in Hong Kong between Fehorizon Infrastructure and Fehorizon International under Fehorizon and Hong Kong TCC Capital Investment Management Company Limited (TCC Capital). According to the agreement, based on resource sharing, the three parties will conduct in-depth and diversified cooperation in the area of green infrastructure in relevant countries or regions including mainland China, Hong Kong (China) and Southeast Asia, to promote the realization of win-win development. It is planned to set up a green infrastructure fund with a target size of 1 billion US dollars, to focus on investment in relevant fields such as distributed photovoltaic power station, stored energy, integrated energy and charging pile.

In the witness of VP of Fehorizon and General Manager of Fehorizon International Mr. Zhang Ye and TCC Capital’s founding partner Mr. Ren Dezhang, the Agreement was signed by General Manager of Fe horizon Infrastructure Mr. Wu Lingfeng, founding partner of TCC Capital Mr. Zhou Zhiwei and Assistant General Manager of Fehorizon International Mr. Xu Hao on behalf of the companies.

TCC Capital expressed that green energy conforms to the ESG investment idea and has broad prospects for development. Fehorizon has assets of excelled quality and strong market exploration skills in the field of distributed photovoltaics. The space for cooperation on green infrastructure between the two parties will definitely be expanded continuously and it’s worth looking forward to.

Mr. Zhang Ye thanked TCC Capital for its recognition, meanwhile indicating that Fehorizon highly values the in-depth practice of ESG and actively devotes itself to green finance. As a conglomerate spanning across finance and industry, Fehorizon is willing to give play to its multiple advantages in areas including financial leasing, equipment operation, health care and new energy and carry out intensive cooperation with TCC Capital in green infrastructure and so on, to achieve resource sharing and a mutually beneficial and win-win relationship.

ESG | TCC Capital

Co-founded by Mr. Ren Dezhang and Mr. Zhou Zhiwei, TCC Capital has a wide range of cooperation resources in the Asia-Pacific region and the Middle East. In mainland China, it is mainly engaged in equity investment, with focus on emerging technology industries including health care, new materials, clean energy and energy management. In Hong Kong, China, it conducts debt investment while paying close attention to opportunities of private debt investment with immovable properties as the underlying asset. In 2014, the Benhui Capital founded by Mr. Ren Dezhang bought 95% of the shares of Forbess Media, which provides TCC Capital with a network of investor resources with global coverage.

ESG | Fehorizon Infrastructure

Fehorizon Infrastructure is a professional infrastructure investment and operation service provider under Fehorizon. It offers one-stop solutions to “fundraising, investment, construction, transportation and withdrawal” and manages about 40 billion yuan of assets. Projects invested by Fe horizon Infrastructure are mostly concentrated in infrastructure directions including municipal road, elevated bridge, industrial park, urban renewal, water affairs & environmental protection, and new energy. In particular, it the direction of new energy, it focuses on investment in assets including photovoltaic power, wind power and stored energy, and is devoted to providing the society with clean energy.

ESG | Fehorizon International

As a specialized platform for cross-border financial business under Fehorizon, Fehorizon International is rooted in Hong Kong and dedicated to bridging capital and resources between domestic and overseas markets. So far, its subsidiaries have obtained licenses from the Hong Kong Securities and Futures Commission for conducting regulated activities including “dealing in securities” (Type 1), “advising on securities” (Type 4) and “asset management” (Type 9).