At the opening ceremony of the 2024 ESG Global Leaders Conference, Ant Group Chairman and CEO Jing Xiandong revealed Ant Group's latest exploration in promoting web3 technology towards reality and accelerating the development of green industries: under the guidance of the Hong Kong Monetary Authority, Ant Technologies supported a new energy company in mainland China to successfully obtain RMB 100 million in Real World Assets tokenization (RWA) cross-border financing in Hong Kong. This is the first new energy RWA project in China and one of the first tokenization themed cases announced by the Hong Kong Monetary Authority, showcasing the latest exploration and practice of sustainable finance supporting the development of the new energy industry.

To achieve RWA of new energy assets from mainland China to Hong Kong, Ant Group has leveraged integrated technologies such as blockchain and AIoT to create an ultimate performance and secure RWA solution. By packaging and storing data such as the value, operation, and revenue of charging piles on the blockchain, an asset token is formed to facilitate investors' evaluation based on asset credit; By building a two chain and one bridge (asset chain, transaction chain, and Ant Chain trusted cross chain bridge) between the new energy industry and the financial market, asset trust and transparency can be achieved, and all parties can collaborate efficiently to connect green assets with global funds, truly empowering physical assets with technology.

In the past few years, Ant Chain's trusted on chain technology has been widely applied in new energy fields such as new energy vehicles, batteries, and photovoltaic panels, with a cumulative number of on chain devices exceeding 12 million. Based on data from the new energy asset chain, all parties in the industry chain, including equipment suppliers, equipment operators, financial institutions, and recycling companies, can achieve low-cost and efficient collaboration with mutual trust, creating new value.

The invention and application of new technologies are definitely the best path to solve the problem of climate change. We will increase exploration and openness, and provide more innovative models and technological solutions for high-quality green development. Jing Xiandong stated in his speech.