Recently, China Tec Energy Group Co., Ltd. (hereinafter referred to as "China Tec Energy") and Fengpeng (Shenzhen) Private Equity Fund Management Co., Ltd. (hereinafter referred to as "Fengpeng Fund") signed a strategic cooperation framework agreement.
Founded on March 21, 2022, Fengpeng Fund is initiated by Shenzhen Qianhai Shekou Free Trade Investment Development Co., Ltd. (the major shareholder) and is committed to investment in infrastructure construction in Qianhai, Shenzhen. For this cooperation, based on the Guangdong-Hong Kong-Macau Greater Bay Area and Shenzhen Pilot Demonstration Zone, both parties will closely focus on the positioning of new energy infrastructure construction in Shenzhen Qianhai Shekou area. Through cooperation with the government, central enterprises, state-owned enterprises, high-quality resources from Shenzhen and Hong Kong, etc., they will accelerate the introduction of new energy industries into the Mawan area, drive space demand, improve supporting facilities for new energy development in the area, and strive to achieve comprehensive profitability for both companies.
Based on their respective foundations and advantages, taking the major strategy of carbon peak and carbon neutrality as a development opportunity, both parties will focus on building the new energy industry cluster in Shenzhen and Qianhai Mawan, with the construction of the Shenzhen-Hong Kong International Service City as a driving force. At the same time, they will make full use of social capital to achieve a multiplier effect, accelerate the implementation of pilot demonstrations of new energy industry projects, and inject strong impetus into the green and low-carbon development of Qianhai and the free trade zone.