China Green Fund established to provide financing platform for LED companies

In May 9, 2011, Shenzhen's first energy-saving environmental protection industry mergers and acquisitions Fund -- in green fund held the inaugural meeting in Shenzhen Grand Century Center of excellence. Chinese Sustainable Development Research Association Deputy Secretary General Wang Kaiyue, Guangdong green industry investment fund director Li Xuefeng, green fund President Xu Qixin attended the inaugural meeting, jointly in the green fund for the opening, the leadership of the Ministry of industry letter of congratulations.

President Xu Qixin said that in the green fund to fund investment, equity investment, resource sharing and other forms, to provide guidance on listed some mature enterprises, through the guidance of capital, attract social capital into the green environmental protection industry.

At the meeting, chairman Li Xuefeng said, in the establishment of green fund is an important milepost, as Guangdong green industry investment fund under the leadership of the professional investment fund, hope can play an important role in the green fund investment in the implementation of the national plan in 12th Five-Year, through their own efforts, to promote the development of green industry economy, with his own the action to enhance the ability of the sustainable development of our country.

12th Five-Year plan to build a resource-saving and environment-friendly society as accelerating transformation of the mode of economic development an important focal point, the cultivation and development of high efficiency and energy saving, as the key industries of advanced environmental protection industry. Deputy Secretary General Wang Kaiyue said that at present, including LED, new energy efficient products are widely used, energy efficiency has been significantly reflected, but it is still in the stage of development, in the green fund should grasp the opportunities for professional investment fund, improve its function, actively for the development of green industry. To make their own energy saving and emission reduction for the development of new energy China construction contribution.

At present, the development of LED industry is faced with various problems, among them, the high price of LED lighting products, which is not a small financial pressure, but also become a bottleneck hindering the development of LED industry. The establishment of the green fund can no doubt be able to drive and attract more social capital to enter the LED industry, providing a financing platform for LED companies, thereby promoting the development of the entire LED market.

About China Green Fund

In the green fund is one for the green industry, energy saving and environmental protection industry investment fund, is also the Guangdong green industry investment fund's professional investment fund, the fund size of 2 billion yuan, it will leverage capital, driven by financial capital and social capital of 8 billion joined the ranks of investment.