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YEEC visits BEWG again-- not only funding, but also survey and management exchange! 2019-10-21

Recently, the establishment of Changjiang Green Development Private Fund Management Co., Ltd. (长江绿色发展基金管理有限公司) has attracted attention from the industry, which was jointly invested by Three Gorges Capital Holdings Co., Ltd. (三峡资本控股有限公司) and BEG Financial Services (Beijing) Investment Holdings Co., Ltd. (北控金服(北京)投资控股有限公司), with a registered capital of RMB100 million. Three Gorges Capital holds 70% of the shares, and BEG Financial Services holds 30% of the shares.

Changjiang Green Development Private Fund Management Co., Ltd. is the deepening and implementation of the dual-platform cooperation model between Three Gorges Group and BEWG. It will focus on serving the development strategy of the Yangtze River Economic Belt, focusing on the efficient use of water resources, water ecological restoration, and water environmental protection. The establishment of this fund company will fully stimulate the advantages of the respective companies of both parties, integrate the strength of state-owned capital and professional capital management capabilities, gather environmental protection expertise, and better serve for the protection of the Yangtze River.

The two parties not only cooperate in terms of platform, project, and fund, but also commit themselves to using project practice, research and discussion to refine and summarize new models, new mechanisms, and new technologies suitable for the Yangtze River ecological governance. On 17 Oct 2019, Mr. PENG Danlin, Deputy GM of Yangtze Ecology and Environment Co., Ltd. (YEEC) under the Three Gorges Group, and his team visited the BEWG headquarters for investigation. Mr. YANG Guang, Senior Vice President of BEWG;  Ms. LIU Weiyan, Director and General Manager of Operation Management Center; Mr. ZHANG Baolin, Director and GM of Technology Center; Ms. MA Yuntong, GM of Market Investment Center; Mr. SUN Min, Deputy GM of Cpr[prate Management Center; Mr. WEI Wei, Assistant GM of Risk Control Center; and Mr. SHI Benwei, Deputy GM of the Market Investment Center, attended the research seminar.

At the symposium, Peng Danlin introduced the work done by the Yangtze River Environmental Protection Group in the protection of the Yangtze River, and reviewed the cooperation between the two parties in the protection of the Yangtze River. Peng Danlin pointed out that as a leading company in the water industry, Beijing Enterprises Water has demonstrated an efficient governance model and industry-leading technology research and development capabilities in project cooperation in Yueyang, Changsha, etc., which has a good demonstration and reference significance. It is hoped that both parties will further strengthen communication and exchanges, combine the rich experience of Beijing Enterprises Water with the actual governance of the Yangtze River Basin, explore new water governance models, new mechanisms, and new technologies suitable for the Yangtze River Basin, and form reproducible and extendable experience to crack industry governance. Difficulties, and jointly contribute to the protection of the Yangtze River.

Mr. YANG Guang briefly introduced the general situation of BEWG and praised the courage and professionalism of CEEC, to actively promote the protection of Yangtze River. He pointed out that the protection of the Yangtze River is a long-term and arduous system project, while the Three Gorges Group has strong resource integration and financing capabilities, and BEWG is willing to give full play to its professional capabilities and wisdom under the coordination of the Three Gorges Group. Based on the projects and dual-platform cooperation, the two parties will complement each other's advantages, realize industrial synergy, and effectively improve the ecological environment governance of the Yangtze River, and contribute to the construction of a beautiful China.

At the seminar, the Corporate Management Center, Operation Management Center, Technology Center, Market Investment Center, and Risk Control Center of BEWG briefly introduced the organizational structure and management process of BEWG. The two parties also discussed the management mechanism, dual-platform model, and project deviation remedy.

EN