GCL Green Life Experience Center creates a "energy + Internet + finance" landscape

China Energy Storage Network News: On July 26, the first green life experience center of GCL Group, a leading international comprehensive energy group, was grandly opened in Lujiazui, Shanghai. The opening of the green life experience center in Lujiazui is obviously a major move by GCL in brand building. Behind it, it not only reflects GCL's original intention to deepen its roots in the energy field, but also shows its determination to expand its territory in the overall planning of "energy + Internet + finance".

Less than 1 km away from the Green Life Experience Center, on the 68th floor of the World Financial Center is the platform for GCL to implement supply chain finance, Guoxin Securities. It is reported that Guoxin Securities, which has been online for only 4 months, has expanded in both asset and capital ends. The number of ecological chain enterprises it has built has exceeded 100, and the transaction volume has reached nearly 800 million yuan.

On the same day, Shen Wenzhong, Chairman of the Shanghai Solar Energy Society, Shu Hua, Vice Chairman of GCL Group and Chairman of GCL Integration, Jiang Tao, Vice President of GCL Group, Sheng Yuxin, Vice President and CFO of GCL Integration, Liang Wenzhang, Assistant Vice President of GCL Integration, Chen Jiansong, CEO of GCL Institute, and Ye Hui, COO of GCL Institute, attended the opening ceremony.

Shu Hua said in his speech that "bringing green energy into life" is the concept that GCL Group has been adhering to since its establishment 26 years ago. GCL Group has been deeply involved in the energy field. Its current business involves environmentally friendly power generation, new energy, oil and gas, and smart cities, with an asset scale of 130 billion yuan. It owns 5 holding listed companies including Poly GCL Energy Holdings Co., Ltd. (3800.HK), GCL New Energy Holdings Co., Ltd. (0451.HK), and GCL Integration Technology Co., Ltd. (002506.SZ). On such a deep industrial foundation, the integration of industry and finance is the development focus of GCL Group in the future. "Industry leads to finance, and finance promotes industry" is the basic idea of ​​the integration of industry and finance of GCL Group. GCL Group has currently established GCL Financial (Group) Holdings Co., Ltd. In the future, the financial holding company will actively deploy major fields such as industrial funds, insurance, financial leasing, financial leasing, supply chain finance, commercial banks and consumer finance, and lead the innovative model of the integration of industry and finance in the energy field.

In addition, the Advisory Committee of GCL Securities was also established. The advisory team is composed of top experts from banks, insurance companies, business schools and securities companies. They will provide advice for the development of GCL Securities in the future. The chairman of the Advisory Committee is Shu Langgen, former member of the Party Committee and vice president of the Jiangsu Branch of the China Development Bank and current CEO of GCL Financial (Group) Holdings Co., Ltd.

At the meeting, Chen Lin, Vice President of GCL Financial Holdings and consultant of Guoxin Law Firm, explained the development of GCL supply chain finance in depth. He said that GCL currently has quite superior internal and external conditions: first, GCL has a large space for its main business and has deeply cultivated the foundation of the green energy industry; second, it has formulated a transformation goal of combining industry and finance; third, the leadership attaches importance to Internet thinking; fourth, it already has financial instruments such as financial leasing, factoring, insurance brokerage, and P2P; fifth, the strength of upstream and downstream customers is relatively weak and cannot obtain cheap funds from banks; sixth, the transaction data, credit investigation and logistics warehousing are real, and the risks are controllable; seventh, the collateral (mortgage) for financing is relatively standardized. Chen Lin believes that the current window period for the outbreak of GCL supply chain finance is as follows: first, the main body of financial business has changed from banks to core enterprises. Under the supply chain finance model, core enterprises have become the main body of financial business. Supply chain finance will establish an ecosystem centered on core enterprises in multiple dimensions such as products, logistics, warehousing, and financing. Its funding sources have broken through the limitations of a single channel of banks and further expanded to multiple non-bank financial institutions, and began to obtain financial licenses to realize the financing of funds. Correspondingly, core enterprises have also obtained interest rate spread income that originally belonged to financial institutions. Secondly, the financing model based on movable property mortgage has more advantages than traditional financial institutions.

Fei Fangyu, Chairman of the Advisory Committee of GCL Financial Holdings and consultant of Guoxin Law Firm, made a report entitled "Positioning, Compliance and Competition of Internet Financial Platforms". He said that the competitiveness of Internet finance in the future will be reflected in the technological innovation led by "fintech", and the real meaning of fintech is to lead the subversion and innovation of Internet financial business models and expand the experience scope of the platform. In addition, Fei Fangyu believes that Internet finance has reached a stage of rational development and should pay more attention to the balance between development and risk control. As an industrial group with an asset scale of hundreds of billions, GCL rationally allocates and optimizes its assets through finance.

Cao Yin, founding partner of Energy Blockchain Lab, chief blockchain expert of Cinda Securities, and consultant of Guoxin Law Firm, explained for the first time at the meeting how blockchain can reform supply chain finance. He believes that supply chain finance is best solved by blockchain. If the intermediary process of guarantee and credit can be solved through this, GCL can become an excellent financial core enterprise and a very good attempt for China to cope with the energy revolution. In the traditional supply chain finance financing process, there are a large number of participants in the whole process, and the process and credit costs are very high. If an order changes, the whole process must be restarted. Logistics finance based on blockchain realizes the automation and instant payment and clearing, and realizes the true unification of logistics and capital flow. Blockchain can share data among several major participants, such as full nodes in banks, factoring, and insurance, and then light nodes in bonded warehouses and other institutions. All institutions jointly maintain the same state, and everyone writes and updates data at the same time, reducing the intermediate cost of financing loans.