CONCORD NE(00182): Exploring the dual-drive business model from "investment operation" to "investment operation + professional management"

Recently, CONCORD NE Group (00182) and its subsidiary Cooperation Asset Management, together with Taikang, jointly initiated the establishment of an 1.8 billion RMB new energy investment fund. The fund will focus on actively developing and investing in high-quality new energy projects, and will expand business operations through innovative capital cooperation. From "investment operations" to "investment operations + professional management": dual-wheel drive to expand business models As a leading green power development and operation company, CONCORD NE has a station capacity of over 5GW and nearly twenty years of experience in project development, construction, and operation management. The establishment of this fund is an important strategic move for the company to expand asset management business and improve fund utilization efficiency on the basis of its core business of station investment and operation. The fund will mainly invest in new energy station projects including wind power, photovoltaic, and energy storage. Through this platform, CONCORD NE will upgrade from a single "power station investment and operation company" to a dual-role of "operator + professional asset management". While continuing to strengthen its core business of station operation, the company will share its mature experience in project assessment, construction control, and station operation with the fund to provide industry insights and professional services, ensuring quality and stable returns. This model not only helps improve the efficiency of the company's fund utilization, but also further expands the company's sources of profit, achieving a diversified expansion from power generation business revenue to management services and capital gains, and building a more robust business model for its long-term sustainable development. Strategic coordination of long-term capital and stable assets The characteristics of insurance funds - large scale, long cycle, and pursuit of stable returns - are highly matched with the long operation period and stable cash flow of new energy station assets, laying a solid foundation for this cooperation. For Taikang: This investment is an important allocation in the direction of the national "dual-carbon" strategy, acquiring high-quality underlying assets that are highly matched, achieving the dual goals of insurance fund support for the real economy and obtaining long-term stable returns. For CONCORD NE: This fund marks the company's further expansion of asset management business models while based on the core business of power station operation, leveraging its professional power station operation management capabilities to achieve dual growth and value creation. Professional division of labor, building a win-win ecosystem This cooperation integrates professional experiences from the industrial and financial sectors: CONCORD NE and its subsidiary Cooperation Asset Management as the industrial foundation provide nearly 20 years of industry experience, along with a proven project evaluation system and technical standards, laying the foundation for asset quality, ensuring project operation and cash flow stability. Taikang, as the capital foundation, provides long-term and stable financial support, matches the characteristics of new energy assets, and promotes the strong integration of insurance funds and the real economy through professional finance experience. This combination of "industry + finance + professional management" will form a win-win ecosystem with a virtuous cycle, jointly promoting the high-quality development of the new energy industry. Prospects The establishment of this fund is an innovation in the capital-industry cooperation model in the field of new energy, indicating that the new energy industry is actively exploring new models of efficient separation of capital and operation and professional division of labor. In the future, the fund will rapidly advance its investment layout, injecting new momentum and vitality into the green transformation of the energy structure.