YueXiu Capital recently released its annual report for 2023, revealing a nearly 14.8 billion yuan revenue and a net profit of 2.4 billion yuan.
Green Investment and Photovoltaic Assets
YueXiu has emphasized its green investments, with over 25.4 billion yuan dedicated to green initiatives, over 50% of which is allocated to new energy projects, including solar energy. By the end of the reporting period, the company had installed distributed photovoltaic capacity of 4.25GW, serving over 160,000 households, establishing its green financial brand.
Focus on Distributed Photovoltaic
YueXiu sees household distributed photovoltaic as a key direction due to its decentralized nature and alignment with clean energy and rural revitalization. The company’s leasing photovoltaic business platform has matured, integrating with top photovoltaic manufacturers to monitor assets comprehensively, enhance tenant payment efficiency, and improve rural income settlement.
Integration of “Dual Carbon” Strategy and Rural Revitalization
Leveraging its advantage in combining industry and finance, YueXiu integrates its “dual carbon” strategy with rural revitalization, deepening green transformation. It continues to invest in new energy, with an additional injection of 15.22 billion yuan, achieving significant revenue growth in electricity fees, driven by solar projects.
Advancements in Team Expertise and Technology
YueXiu has bolstered its team’s expertise, standardizing processes, and systems to support photovoltaic operations. It established a professional photovoltaic team, recruited experienced industry personnel, and implemented standardized procedures. Additionally, it optimized risk management mechanisms, supporting the rapid development of its photovoltaic business.Sourec
YueXiu has developed a new energy asset management platform, recognized as a typical case of digital transformation by the China Listed Companies Association. The platform, interfacing with multiple leading photovoltaic manufacturers, offers comprehensive monitoring of farm households’ operations, visualizing power station operations, and providing analysis and maintenance services.
Breakthroughs in Green Financing
YueXiu has made breakthroughs in green financing, issuing 4.707 billion yuan in green ABS products and 1 billion yuan in “carbon neutral” corporate bonds. It aims to enrich its new energy asset types and expand into green areas such as wind power, energy storage, and charging piles while accelerating investments in the photovoltaic sector.
YueXiu’s commitment to green finance and the expansion of its photovoltaic business signify its dedication to sustainable development and its pivotal role in the renewable energy market.
Source：pvmen.com
