500 millions! Risen Energy invested to set up financial leasing subsidiary

Risen Energy Co., Ltd and wholly owned subsidiary, Risen Energy (HongKong) Co., Ltd plan to set up Risen Energy (Shanghai) Financial Leasing Co., Ltd with their own funds. The registered capital is 500 million RMB and after setting up the company, Risen Energy holds 55% shares and Risen Energy (HongKong) holds 45% shares.

Setting up Risen Energy (Shanghai) Financial Leasing Co., Ltd will accelerate Risen Group to promote the business of new energy + financial innovation + internet and implement to structure the strategic upgrade plan of energy internet financial ecosystem. Moreover, it can expand the business scope, improving the core competitiveness, profitability and the ability of resisting risks, which will form the new profit growth point.

Making the financial leasing as the precursor and making the new energy power companies as the main target markets, Risen Energy (Shanghai) Financial Leasing Co., Ltd relies on the industrial base, channels and customers of Risen Energy to innovate the PV financial products and the profit modules in financial leasing and gradually expands to the construction of solar supporting facilities with the innovative awareness of professional finance lease management team and the perfect market. In the future, Risen Energy (Shanghai) Financial Leasing Co., Ltd will develop in other industries which along with national industrial policies, especially energy-saving and emission-reduction field and renewable energy field. It strives to become a comprehensive financial leasing company is appealing in new energy field. Moreover, it will lay a solid foundation towards the world of financial lease and achieving greater development goal.