On December 23rd, GCL Energy Technology (002015) and Ant Group successfully completed an RWA (Real World Assets) based on photovoltaic physical assets, involving an amount of over 200 million yuan. It is reported that this is the first domestic photovoltaic physical asset RWA, which helps to efficiently connect domestic green assets with overseas funds and empower the physical industry with digital technology. At the same time, it has profound significance for enhancing the liquidity of photovoltaic assets and promoting high-quality and sustainable economic development.

GCL Energy Technology is a subsidiary of GCL Group, committed to becoming a leading green energy service provider. Its main business includes clean energy production, comprehensive energy services, and digital energy operations. In recent years, the company has continuously increased its development efforts in new energy projects, increased the installed capacity of renewable energy generation, and assisted in the construction of new power systems. The "Xin Sunshine" brand, based on its household photovoltaic business, carries out an integrated and complete business system including product research and development, market sales, engineering construction, intelligent operation and maintenance of household photovoltaic systems.

Against the backdrop of global efforts to address climate change and promote energy transition, photovoltaic power generation, as a clean and sustainable energy utilization method, is showing extremely broad prospects, leading a new direction for future energy development and is highly favored by institutional funds. This time, GCL Energy Technology will use the approximately 82MW "Xin Sunshine" household photovoltaics located in Hubei and Hunan provinces as RWA anchor assets. Through the integration of blockchain technology and IoT (Internet of Things) technology, the value, operation, and revenue data of household photovoltaic projects will be packaged and stored on the blockchain to form a digital token.

According to the relevant person in charge of GCL Energy Technology, as a representative of new quality productivity, focusing on the clean energy industry and seizing opportunities for technological change, GCL Energy Technology has always been highly regarded by all parties. This collaboration with Ant Technologies, utilizing digital technology solutions and selecting high-quality photovoltaic assets RWA, has received strong support from multiple well-known investment institutions, creating a clear and trustworthy green investment environment for global investors. At the same time, the digital transformation of Juli Energy is also a responsible practice of GCL Energy to promote ESG internationalization and build a clearer and more visible ESG ecosystem.

The relevant person in charge of Ant Group stated that blockchain and smart contract technology can improve the transparency and efficiency of asset operation, management, disposal, and transactions, and reduce transaction costs. At present, the development of green assets represented by new energy is the trend, and Ant Group and GCL Group have maintained a long-term cooperative relationship. This cooperation with GCL Energy Technology on photovoltaic asset RWA is also based on market recognition of the new energy industry, while enhancing the practical value of "technology oriented" and continuously demonstrating economies of scale.

Industry insiders believe that based on data from the new energy asset chain, equipment suppliers, equipment operators, financial institutions, and other parties in the industry chain can achieve low-cost and high-efficiency cooperation with mutual trust, creating new value; Forming a joint force to promote the development of green finance, guiding global financial resources to flow into domestic green and low-carbon fields through compliant channels, and promoting high-quality and sustainable economic development; The conversion of physical assets into digital assets with efficient liquidity has significantly improved their investment value and circulation efficiency.

On the day of completion of the issuance, GCL Energy and Ant Technologies signed a strategic cooperation agreement in Suzhou. The two sides will comprehensively cooperate in the construction of new power systems, green finance, artificial intelligence, and other fields in distributed photovoltaic power stations, energy storage power stations, and comprehensive energy services, exploring the integration path of digital industrialization and industrial digitization.