On October 30, SZSE and Changzhou Municipal People’s Government held the 10th “Chuangxianghui” special event with the theme of power battery and new energy vehicle manufacturing industries. The guests present included the relevant persons in charge of leading listed companies in the new energy industry such as ENERGY TECHNOLOGY, GEM, INOVANCE, EASPRING, Dynanonic and SUNWODA, experts from venture capital institutions such as Changzhou Investment Group and IOPLY, the head of the investment banking department of China Securities, and the chief of power equipment and new energy of the Institute. They talked about how the capital market serves the high-quality development of the new energy industry.
Promoting clean, low-carbon and efficient use of energy and vigorously developing new energy are important measures to achieve the goal of carbon dioxide peaking and carbon neutrality. In 2022, China’s output and sales volume of new energy vehicles reached the number of 7.058 million and 6.887 million respectively, up 96.9% and 93.4% year on year, ranking first in the world for eight consecutive years. In recent years, Changzhou has paid more attention to the promotion of new energy and clean energy development, formed the industrial closed loop of new energy “power generation, storage, transmission and utilization”, and made power battery and new energy vehicle industries leading in the whole country. In 2022, Changzhou’s power battery output reached 108.5GWh, accounting for about one-fifth of the whole country.
During the event, guests shared their views on the theme of power batteries and new energy vehicles. Among them, the relevant persons in charge of ENERGY TECHNOLOGY and GEM gave a keynote speech on development opportunities and challenges brought by technological innovation to the new energy vehicle industry. The relevant persons in charge of EASPRING analyzed the development prospects of the power battery industry under the new industrial pattern. The relevant persons in charge of Dynanonic and SUNWODA shared the experience in how to make enterprises better and stronger with the help of the capital market.
During the interactive discussion, Changzhou Municipal People Government Guidance Fund introduced local industrial support policies. Changzhou’s key pre-IPO enterprises exchanged their production and operation conditions and enterprise development demands. And experts from investment institutions and sponsor institutions shared the capital structure, production capacity scale and development potential of new energy vehicle manufacturing and power battery industries in recent years. The government, enterprises and capital further smoothed the exchange mechanism and strengthened coordination and cooperation, helping enterprises effectively use policy dividends and capital power and promoting the high-quality development of the new energy industry.
“Chuangxianghui” is a market service brand launched by SZSE for key fields, key industries and key regions. Guided by promoting enterprises’ interaction, exchange and cooperation, it aims to give full play to the “leader” effect of leading listed companies in the industry and build a communication platform serving the innovation and development of the real economy. With the strong support of Changzhou Municipal People Government, the event pooled ideas and built the consensus of action for further realizing the high-quality development of the new energy industry and regional economy through exchanges and sharing of the local government, investment institutions, enterprises and the stock exchange.