By: HyperStrong
On August 20, Beijing HyperStrong Technology Co., Ltd. (hereinafter referred to as “HyperStrong”) officially signed a cooperation agreement with China CITIC Bank Corporation Limited Beijing Branch (hereinafter referred to as “CITIC Bank”) and CITIC Financial Leasing Co., Ltd. (hereinafter referred to as “CITIC Leasing”). In the future, the three parties will carry out comprehensive cooperation in the field of “Energy Storage + Finance.”
Zhang Jianhui, Founder, Chairman, and Chief Executive Officer of HyperStrong, He Jinsong, Member of the Party Committee, Vice President of CITIC Bank and Secretary of the Party Committee and President of Beijing Branch, Li Gang, Secretary of the Party Committee and Chairman of CITIC Leasing, and other leaders jointly attended the signing ceremony and witnessed the launch of this important cooperation. Gao Shuqing, Board Secretary and Chief Financial Officer of HyperStrong, Jing Long, Member of the Party Committee and Vice President of CITIC Bank Beijing Branch, and Li Ying, Vice President and Chief Financial Officer of CITIC Leasing, signed the cooperation agreement on behalf of the three parties.
Against the backdrop of the in-depth advancement of China’s “dual carbon” goals and the implementation of Document No. 136, the energy storage industry is shifting from policy-driven to market-oriented. With the reduction of energy storage power station construction costs, coupled with the opening of the electricity spot market and the improvement of supporting policies, the asset economics of energy storage power stations have been significantly enhanced, creating new opportunities for deep participation of financial capital.
In this cooperation, the three parties will rely on their respective resource endowments to deepen cooperation in areas such as integrated financial services, financial leasing business, operating leasing business, and financing credit. They will explore the value synergy between green finance and the energy storage industry, jointly creating a new benchmark for the integration of industry and finance.
At the signing ceremony, Zhang Jianhui, Founder, Chairman, and Chief Executive Officer of HyperStrong, stated that HyperStrong will join hands with CITIC Bank and CITIC Leasing to leverage their respective advantages in the industrial side, technical side, financial innovation tools, financing leasing, and capital raising, jointly building a financing model of “Energy Storage Assets + Professional Operation + Integrated Financial Solutions,” and exploring new paths for financial innovation in the energy storage industry.