Amid the crisp chill of Minor Cold, warmth abounded. On January 5th, the day of the Minor Cold solar term, Reliance New Energy held a grand signing ceremony for strategic cooperation with Bank of Nanjing, Shanghai Pudong Development Bank (SPD Bank), and Bank of Shanghai. As Reliance is poised to step steadily into a new phase of high-quality development, this collaboration with the three banks will inject financial impetus into the new energy industry, striking a resounding chord for bank-enterprise synergy in driving shared development.
Centered on the theme Pooling Financial Vitality for Everlasting Ruiye Prosperity, this signing marks the official establishment of a deep strategic partnership among the four parties. Ms. Chen Xuan, Founder and Chief Executive Officer of Reliance New Energy; Ms. Xu Fenglan, Co-founder and Chief Operating Officer; Mr. Wang Chitang, Co-founder and Chief Product Officer; representatives from the three major banks; and leaders of Changzhou Financial Holding Group gathered to witness this pivotal moment.
The signing ceremony was hosted by Mr. Wang Chitang of Reliance New Energy. Opening the ceremony, Ms. Chen Xuan delivered an address and extended sincere gratitude to the three banks for their support for Reliance. She shared that the founding of Reliance stemmed from the original aspiration of new energy practitioners to advance green development and their boundless passion for the industry. She offered a special thanks to the “Warmth of Changzhou” and “Speed of Xinbei”, noting that the decision to root the enterprise in Changzhou was driven by its well-established industrial chain, solid industrial foundation, and high-quality business environment. It is precisely this business ecosystem, together with the trust and support of top-tier investment institutions, investors and outstanding partners, that has enabled Reliance to achieve a string of milestones and fruitful results in just three years, turning technological aspirations into industrial reality. She noted that the core team brings together industry elites, and the company has deepened its layout in core business track, secured a portfolio of independent intellectual property rights, and steadily expanded its industrial scale. Going forward, leveraging the opportunities presented by the dual carbon goals and the support of the banking consortium, Reliance will continue to uphold its original aspiration of “pursuing the difficult yet right path in the new era of lithium batteries”. It will keep iterating high-performance battery cell products, accelerate capacity release, expand application scenarios, and advance high-quality development.
The signing ceremony was hosted by Mr. Wang Chitang of Reliance New Energy. Opening the ceremony, Ms. Chen Xuan delivered an address and extended sincere gratitude to the three banks for their support for Reliance. She shared that the founding of Reliance stemmed from the original aspiration of new energy practitioners to advance green development and their boundless passion for the industry. She offered a special thanks to the “Warmth of Changzhou” and “Speed of Xinbei”, noting that the decision to root the enterprise in Changzhou was driven by its well-established industrial chain, solid industrial foundation, and high-quality business environment. It is precisely this business ecosystem, together with the trust and support of top-tier investment institutions, investors and outstanding partners, that has enabled Reliance to achieve a string of milestones and fruitful results in just three years, turning technological aspirations into industrial reality. She noted that the core team brings together industry elites, and the company has deepened its layout in core business track, secured a portfolio of independent intellectual property rights, and steadily expanded its industrial scale. Going forward, leveraging the opportunities presented by the dual carbon goals and the support of the banking consortium, Reliance will continue to uphold its original aspiration of “pursuing the difficult yet right path in the new era of lithium batteries”. It will keep iterating high-performance battery cell products, accelerate capacity release, expand application scenarios, and advance high-quality development.
Following the addresses, the signing ceremony officially began. Witnessed by all distinguished guests present, Ms. Xu Fenglan, representative of Reliance New Energy, and representatives from Bank of Nanjing, SPD Bank and Bank of Shanghai jointly signed the strategic cooperation agreement. The resolute stroke of the pen marked a significant milestone in the deep collaboration between the banks and the enterprise. The three banks will form a banking consortium to provide Reliance New Energy with tailored, special financial services covering key areas such as credit financing, industrial chain finance and international business, thereby laying a solid financial foundation for the company’s development.
After the signing, leaders from each bank visited the enterprise exhibition hall, where they gained an in-depth understanding of Reliance’s development journey, core products, competitive advantages and strategic layout. They spoke highly of the company’s innovative achievements, further strengthening their confidence in the cooperation.
Finance is the lifeblood of the real economy. This bank-enterprise partnership is a vivid practice of integrating financial capital with the new energy industry. Going forward, both parties will deepen their cooperation, letting financial vitality nourish industrial development, supporting Reliance in realizing the vision of “Everlasting Ruiye Prosperity”, jointly advancing green and low-carbon development, and contributing to the achievement of the dual carbon goals.