The evening of May 7, 2015, a "diocesan capital subscription $50000000 of convertible bonds with photovoltaic photovoltaic" announcement detonated circle. 7 evening 8 o'clock, the combined photovoltaic group (00686.HK) announced, and diocesan International Asset Management Co., Ltd. (the "diocesan capital") signed a terms, to its issuance of 50 million dollars convertible bonds, with mutual cooperation acquisition of photovoltaic power station. According to the terms and the diocesan capital will subscribe for photovoltaic joint total amount is $50 million per annum for 7% for a three-year period can convertible bonds, the conversion price of HK $1.33 for photovoltaic joint acquisition of photovoltaic power plants in China.
Diocesan asset management group, co founded by Mr. Xin Rong sun, President of the Hong Kong Branch of the industrial and Commercial Bank of China, part of the Alibaba group, the founding shareholders, and Ningbo Kuangshi Zhiyuan Art & Design Co., Ltd. is a main alternative investment business investment management and advisory public our. Our core business including fixed income, structured finance, equity investment and cross-border asset management. The investment team members from large commercial banks, listing Corporation well-known investment bank fund and other institutions. Companies adhering to the "to the financial service industry, consumption, real estate, medical, advanced manufacturing industry investment in the main line, to provide value-added services to enhance the investment value of the enterprise for the purpose of investment philosophy. Currently has offices in Hangzhou, Hongkong, Shanghai, Beijing, Xiamen and other places.
Combined photovoltaic said cooperation with diocesan capital will for the company to further promote the photovoltaic power plant acquisition, improve total power generation of solar power plant, bring very positive impact. This is combined photovoltaic and China Huarong reached $1 billion to convertible bonds subscription agreement, and a major financing cooperation, once again verify the confidence in the capital market of photovoltaic joint.
In addition, the founding team has a professional capital diocesan asset management team and diversified background. This cooperation will also combined photovoltaic promote Internet strategy, explore the integration mode of the China new energy industry and the Internet, provide the level of capital and technology support. United solar is a leading Chinese focus on solar power station operators investment, the first big shareholder investment new energy group Co., Ltd.. Under the grid connected photovoltaic power plant in Qinghai, Gansu, Inner Mongolia, Xinjiang, Jiangsu, Fujian and Guangdong etc..
According to insiders told reporters at the end of 2014, the establishment of diocesan capital focus on the new energy "clean energy fund". The fund has been completed on a solar photovoltaic enterprise investment. The enterprise's core business is the photovoltaic ceramic tile sales, photovoltaic power generation project EPC integration services and roof of a distributed and terrestrial photovoltaic power generation project investment and operation. The company currently has with a number of local government, the company to carry out cooperation, is committed to become China's "first solar+solar city". The Later, the diocesan capital will carry out in-depth cooperation with the enterprises, launched photovoltaic fixed income fund products etc..