The predecessor of Tunghsu Azure Renewable Energy Co., Ltd. (000040.SZ) is Baoan Hongji Real Estate, a domestic time-honored listed enterprise. After becoming a controlling shareholder thereof in September 2015, Tunghsu Group completed the injection with new energy assets, formally started the new energy journey and realized the development of the “new energy + real estate” two main businesses. As a new force in the new energy filed, Tunghsu Azure has rapidly expanded the scale of PV power generation business and formed certain industrial influence by virtue of our powerful power station development and construction capability.
Have a powerful power station development, construction and O&M strength
In the aspect of PV power generation business, Tunghsu Azure has taken over the technologies, experience and teams accumulated by Tunghsu Group over the years in the whole industry chain covering the PV power station project development, design, engineering construction and operation management, etc. of the PV power stations and further accelerates the layout in the PV power station field. In 2015, the Company carried out the non-public private placement with a total scale amount of up to RMB 9.5 billion to construct the solar PV power stations with capacity of more than 1GW. As of August 2016, we have already had project reserves with capacity of 2.5GW, in which the projects with capacity of about 800MW have started construction and part thereof have been connected to the grid for power generation.
In the field of energy engineering, Tunghsu Azure, with nearly 200 professional electrical designers and structural and electrical engineers, can provide the customers with comprehensive engineering services in the PV power station design, procurement and construction.
In the aspect of the remote centralized control and intelligent O&M of PV power stations, Tunghsu Azure realizes the remote visibleness, manageableness and controllableness by virtue of the high-precision data acquisition, transmission, cloud computing, big data mining and expert analysis intelligent management system, enhancing the operating efficiency of power stations effectively.
Moreover, Tunghsu Azure also actively carries out the industrial layout in the fields of distributed energy system, energy Internet and energy financial services, etc.
Delicacy Development Route of Real Estate
In the aspect of real estate, Tunghsu Azure, with a matured real estate development system, has successfully developed four main series products, namely the Chinese Jiangnan Architecture Series, Han & Tang Dynasties Series, Livable Series and Holiday Series, among which the Jiangnan Series, the representative product, has become the featured brand with unique charms in China's real estate market.
We will adhere to the brand strategy, continue building high-quality real estate and insist on the differentiated development strategy to form unique competitive advantages in the real estate industry.
Green and Low-carbon Buildings - the Perfect Combination of Our Two Main Businesses
Energy is the base of social and economic development, and the harmonious relationship between energy and environment is a great challenge for the progress and sustainable development of human society. Tunghsu Azure will focus on developing the distributed energy system combining with the architecture, transportation and other fields and actively promote the development of energy Internet.
To this end, Tunghsu Azure will give full play to the complementary advantages of the two main businesses of new energy and real estate, promote the construction of smart cities and low-carbon communities, realize the coordinated development of new energy and real estate businesses and form unique business models and competitive advantages through the development of the building integrated photovoltaics project and other pilot projects.
Develop “PV+” to Form New Growth Point
Tunghsu Azure will expand the application models integrating the PV with the large-scale agriculture such as agriculture, fishery, breeding and forestry to form a new industry sector and ecological system - the new agricultural PV application, namely the “PV+”, and form the situation where the two sectors of new energy and agriculture complement each other and develop in a coordinated manner.
The business of the new agricultural sector of Tunghsu Azure will focus on two main lines of development: on one hand, we will, taking the targeted poverty alleviation as the breakthrough point, make use of the agricultural advantages to develop power stations independently and promote the effective use of power station land; on the other hand, we will graft the PV power station development onto the independently operating agricultural projects, including the agriculture, tourism, beautiful countryside, soil improvement, seed breeding, flowers and plants and plantation and cultivation subject to the complementation between agriculture and PV.
To become a first-class green energy provider and an integrated service provider
Tunghsu Azure will give full play to the operation capability and advantages of the two main businesses of “real estate + new energy”, increase the investment in the real estate business, cultivate the capability in design, construction and operation of green and low-carbon buildings, form a competitive business model, promote the construction of smart cities, low-carbon communities and new PV countrysides, realize the coordinated development of new energy and real estate businesses and form unique advantages to become a world-class clean energy and integrated service provider.