Beijing Enterprises Water Group Limited ("BEWG") Co-creates the New Height of Integration of Industry and Finance together with FOSUN 2016-05-20
May 19, 2016,BEWG,a water service company with the most comprehensive strength and the largest scale in China- officially signed equity cooperation agreement in Beijing with Sunvision Capital, one professional PPP equity investment platform affiliated to Fosun Real Estate, member of Fosun Group, and established the BEWG&SUNVISION Water Service Equity Investment Management Co., Ltd., and meanwhile launched the BEWG&SUNVISION Water Service Fund, which is committed to creating it as the largest and influential water service environmental equity investment fund.
Liang Xinjun,Vice Chairman and CEO of Fosun Group, and Wen Xiaodong,President of Sunvision Capital ,Fang Jianhong, Executive President of Sunvision Capital, Xu Bo, Party Committee Deputy Secretary and Vice Chairman of BEWG, Li Yongcheng ,Vice Chairman and Executive Deputy General Manager of BEWG Group, Chairman of the Board of Directors of BEWG Water Service Group, Jiang Xinhao ,Deputy General Manager of BEWG Group, Zhou Min, Executive Director and President of BEWG Water Serivce Group, as well as Li Li, Executive Director and CEO of BEWG Water Serivce Group attended the signing ceremony and delivered speeches.
Wen Xiaodong, President of Sunvision Capital introduced that in his speech, Sunvision Capital ,with the help of deep financial background and solid industrial base of Fosun Group and with the"industry + investment" model, promoted the PPP project and has been recognized by the public and achieved good results. At present, the amount of PPP reserve project of Sunvision Capital throughout the country has reached nearly 500 billion, covering Beijing, Tianjin, Shandong, Henan, Jiangsu, Zhejiang, Fujian and other provinces and cities, and is communicating with a number of provincial cities and landing the provincial mother fund.
Zhou Min, President of BEWG, said in his speech, BEWG currently has more than 380 water treatment projects with the daily processing scale of more than 30 million tons,and had a strong construction, operation and management capabilities in the water service environmental protection industry, but Sunvision Capital Capital had a wealth of experience in financing and fund management. Through this cooperation, the two sides would deepen the target market in the relevant provinces and cities, and strive to achieve a comprehensive breakthrough as soon as possible. In the future, based on the BEWG and Sunvision Management Fund, the two sides will be more in-depth exploration of cooperation model for mutual benefit and common development.
Liang Xinjun, Vice Chairman and Chief Executive Officer of Fosun Group said in his speech, Fosun Group attached great importance to the cooperation between Sunvision Capital and BEWG. BEWG, as a large scale water service enterprise with the most core competitiveness in China, has been in a leading position in such industry. Fosun Group has been focused on the three regions such as richness, health and happiness. The cooperation will be able to give full play to their respective advantages in the operation of the industry and the operation, and the Fund will become the most influential water environment equity investment fund in China and add highlights to Fosun Group in the field of health environment investment
Li Yongcheng, vice chairman of BEWG Group, highly affirmed the cooperation, he said, BEWG Group and Fosun Group are the companies with strong industry consolidation ability, and Fosun Group has a large number of high-quality industrial resources, Fosun Group has high quality Financial capital and financial experience, so the cooperation is a breakthrough in the field of water environmental protection, and the strategic fit of the two groups are the performance of complementary advantages, but also lay the foundation for the future extension of the cooperation.
BEWG,as a leading enterprise in the field of water service and environmental protection, is always taking the "leading professional water service provider" as strategic positioning and is a leading enterprise in the field. Sunvision Capital integrates the financial insurance funds and takes the large-scale, long-term, high stability of the funds as a guarantee and invests the construction in the urban infrastructure and water environment fields with PPP equity mode to speed up the pace of urban construction.
Under the cooperation agreement, the BEWG and Sunvision Capital will give full play to their respective advantages in industrial operations and capital operation, and establish a long-term cooperation mechanism to carry out multi-level, multi-disciplinary and multi-form cooperation.
Colleagues in the wild, Benefit each other. Since the establishment, BEWG has deeply implanted in the field of water service and environmental protection, and is committed to improving the ecological environment, and has become a leading professional water environmental comprehensive service provider through technological innovation and market development. The establishment of the BEWG&Sunvision management platform will help the BEWG better give play to technical and capital advantages, so that more regions and cities can enjoy the high quality service of BEWG and the Government is more satisfied, the public is more at ease, and contribute to the community's well-being.
