On September 2, CHN Energy and the Industrial and Commercial Bank of China (ICBC) jointly established the Beijing Guoneng Gongrong Strong Chain Equity Investment Fund (Limited Partnership), which has completed registration with the Asset Management Association of China. The first phase, with an initial fund of 15 billion yuan, has officially commenced operations.

This fund represents a significant collaboration between CHN Energy and ICBC, utilizing a "industry + finance" approach to establish a 30-billion-yuan large-scale fund, with an initial phase of 15 billion yuan. CHN Energy contributed 30% of the fund, while ICBC contributed 70%.

The fund is positioned to enhance the industrial chain by focusing on CHN Energy's key sectors, including new energy, coal chemistry, railway transportation, ports and shipping, and coal-fired power. It aims to actively seek opportunities for quality asset acquisitions, optimize project capital structures through equity and debt linkages, and strengthen the integrated operation advantages of CHN Energy's industrial chain, thereby safeguarding national energy security. Additionally, the fund will leverage its extensive network and deep insights to proactively identify and invest in key upstream and downstream technologies, resources, and suppliers that play a leading and critical role in the industrial chain by means of equity investment, ensuring the autonomy and controllability of the supply chain.