Great Wall Asset Cooperates with Linuo Group Precision Poverty Alleviation Photovoltaic Poverty Alleviation Chengyi Mengshan District Precision Poverty Alleviation Brand Project

In order to implement the spirit of the Central Committee and the CBRC Poverty Alleviation and Development Work Conference, on September 21, China Great Wall Asset Management Company (hereinafter referred to as "Great Wall Asset") and Linuo Group joined hands to organize delegations from Longxian County in Shaanxi Province and Lintao County in Gansu Province (designated poverty alleviation counties by the CBRC) to learn from the successful experience
of targeted poverty alleviation.
The delegation inspected the Yinan County poverty alleviation donation crowdfunding platform, the e-commerce poverty alleviation village joint household service center, the "six ones" poverty alleviation project in Dontieyu Village and Lilin Village in Sunzu Town, the photovoltaic poverty alleviation project of rich farmers, and the poverty alleviation project of Maquan characteristic industry
.

During the inspection, Linuo Group's Linuo Group implemented the integration of photovoltaic power generation and Chinese herbal medicine planting and precision poverty alleviation project, which left a deep impression on everyone
.
With an installed capacity of 100 MW and a total investment of 1.
5 billion yuan, the project is one of the
three major photovoltaic power generation projects in Shandong Province.
Thanks to the timely arrival of the financing funds of the Jinan Office of Great Wall Assets and the rapid improvement of the operating efficiency of Linuo Group, the above-mentioned poverty alleviation projects have made smooth progress, and the first phase of the project has invested 500 million yuan, with an installed capacity of 30 MW, which has been connected to the grid for power generation, with an annual power generation capacity of 36 million kWh, an output value of 45 million yuan, and a tax payment of 9 million yuan
.
After all the projects are connected to the grid, it can generate 120 million kWh of electricity per year, achieve an output value of 150 million yuan, and pay 30 million yuan
in taxes.
The project organically combines new energy development with poverty alleviation, and based on only the first phase of the project, the village collective can obtain 800,000 yuan in land revenue per year, and the villagers' annual per capita income will increase by 524 yuan
.
At the same time, Linuo Group gave full play to its advantages in the processing of traditional Chinese medicine in Hongjitang, planted Chinese herbal medicines such as danshen, soaphorn and licorice under photovoltaic modules, built a processing plant, absorbed and resettled about 400 poor households, and increased the annual per capita income by 1,900 yuan
.

Photovoltaic poverty alleviation represented by Yinan County has become a brand project
of precise poverty alleviation in Yimeng Mountain.
The inspectors from Longxian County, Shaanxi Province and Lintao County, Gansu Province felt deeply and believed that the photovoltaic poverty alleviation project has achieved precise poverty alleviation, income to households, one-time investment, and multi-year income, opening a new path of poverty alleviation and prosperity, and is a "sharp weapon"
for precise poverty alleviation and precise poverty alleviation.

It is understood that in recent years, in addition to actively participating in the acquisition and disposal of financial non-performing assets and directly reducing the debt burden of enterprises, Great Wall Asset Jinan Office has also given full play to the synergy effect of more than 10 platform companies under the company group, such as financial leasing, trust, insurance, guarantee and investment, and strives to provide enterprises with a package of financial services, raising a total of 17 billion yuan
for entity enterprises.
Among them, since 2011, it has successively raised more than 1.
3 billion yuan for Linuo Group Co.
, Ltd.
, a key leading enterprise in the industrialization of national photovoltaic solar energy and pharmaceutical and pharmaceutical products, making it gradually embark on the road
of benign development to become bigger and stronger.