Golden Concord Holdings Limited (Herein after referred to as GCL Group) is a top tech-led energy conglomerate that specializes in new and clean energy, with diversified developments in electric power, PV manufacturing, natural gas, industrial park, integrated circuit materials, mobile energy and new electric ecology as its main businesses. It holds assets across China, Africa, Middle East, North America, Southeast Asia and Europe, with multiple listed companies in A-shares and H-shares. GCL ranks among Top 3 in the global new energy Top 500 enterprises, and top 1 in the new energy sector of top 500 Chinese enterprises for many years continuously. In 2019, it ranks the 166th among Top 500 Chinese enterprises, the 16th of the Top 100 leaders in strategic emerging industries, the 68th among Top 500 manufacturing companies in the aforementioned list, the 45th among Top 500 Chinese private enterprises, and 24th among Top 500 private manufacturing enterprises.
ZHU Gongshan, Chairman of the GCL Group, also serves as a member of the 12th National Committee of the Chinese People's Political Consultative Conference (CPPCC), the 12th Jiangsu Provincial CPPCC Standing Committee, Chairman of the Global Green Energy Industry Council, Chairman of the Global Solar Council, and Vice Chairman of the China Electricity Council. Mr. Zhu is the Executive Chairman of Environment and Energy Committee of International Chamber of Commerce China, Vice President of China Overseas Chinese Entrepreneurs Association, Vice President of China Overseas Development Association, Vice Chairman of Jiangsu Federation of Industry and Commerce, Honorary President of Jiangsu Residents (HK) Association, Executive Vice President of Federation of Hong Kong Jiangsu Community Organization. He has received honors such as the " China Enterprise Reform Medal for 40 Years of Reform and Opening-up", “Man of the Energy Reform for 40 Years of Reform and Opening-up”, "Top Energy Entrepreneur for 40 Years of Reform and Opening-up ", "Top Ten Outstanding Contributors of New Energy Industry in the 70th Anniversary of New China", “Top Ten Meritorious Leading Private Entrepreneur of Energy in the 70th Anniversary of New China”, etc.
GCL Group adheres to the new energy security strategy proposed by General Secretary Xi Jinping, focusing on promoting high-quality development, accelerating the energy production and consumption revolution, helping to build a clean, low-carbon, safe and efficient energy system, and striving to be a positive practitioner of the new energy security strategy revolving around “Four Revolution and One Collaboration”.
Dating from 1990, GCL has been following the leadership of CPC and leading green growth with the red genes. In guide of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, GCL acts out the new development philosophies in practice. In the organization, there are 12 CPC committees, 5 CPC branch committees, 120 CPC divisions and 3,000 CPC members. GCL has attached great importance to the pioneer role of Party members and stronghold function of Party organizations. Progress has been continuously made on the Party’s ideas, organizations, principles, regimens and anti-corruption initiative. It is highly motivated in applying the Party’s roadmaps, directions and policies. Education programs around “Two Studies, One Action” run through all Party activities. With the new development philosophies guiding production and operation, GCL’s growth has been infused with strong fresh impetus.
As the pioneer of Chinese power enterprise of diversified ownership, GCL entered the electric power industry with diversified sources of investment, and created numbers of industrial precedents regarding project construction intensity, technological innovation and operational efficiency. Following the trend of global energy revolution, GCL continues to promote the transition of electric power business from traditional to distributed and mobile energy, and transform from a generator to an integrated clean energy service provider. As the industry leader of clean energy capacity, GCL clean energy businesses have been growing continuously, with power generation installations of various types, such as green thermoelectric, natural gas, PV, wind, biomass and garbage power generations.
In the field of intelligent energy, through the smart integration of Energy Internet and power digitalization that connect power network, heat network, natural gas pipe network and information network, GCL has delivered quick response and interconnected deployment of energy micro-grid and regional energy network, with the support of big data and cloud platform. By leveraging its advantages in distributed energy, “Six-in-One” micro-grid and integrated control platform of power demand side, GCL has built an energy management platform that manages “supply-network-sale-use-cloud” and a digitalized power factory, and taken the lead in expanding incremental network distribution and power sales. Many projects are recognized as showcases in new energy micro-grid, incremental power distribution network, multi-energy integrated optimization, and “Internet +” intelligent energy.
By following closely to the reform of the national power system, actively participating in the ownership diversification of state-owned and central enterprises, and leveraging the trend of Energy Internet, GCL has been extending its power business into the service front, transforming itself from a generator into green energy service provider, and becoming a value co-creator in the connected power network. In the mobile energy and electric service market, GCL sets its footprints in new energy materials and electrochemistry with high-end lithium-ion materials as the source, and aims to build an international high-end lithium battery industry cluster. It integrates electricity and green travel services and uses smart cloud technology to carry out integrated operation of charging port, vehicles and electricity, for establishing a new green electric ecosystem.
GCL owns a completely integrated PV industrial chain that covers silicon material, silicon wafer, cell, module, system integration and PV power station development and operation. It serves as the chairman of the Global Solar Energy Council and the Asian Photovoltaic Industry Association. Relying on GCL’s polysilicon production methods and other proprietary & controllable core technologies, it further lessened the power consumption by 64%, and lowered the cost of polysilicon by 90% in 10 years. The production volume and market share of silicon material and wafer maintain industrial leading position for consecutive years. In the field of battery and module manufacturing, since the acquisition of Chaori Solar in 2014, it took GCL three years to rank top ten in the world. GCL actively implements the parallel path of mono and polycrystalline, and leads the PV industry's technological progress and cost reduction through technological research and innovation, cooperation with domestic and overseas facilities and acquisitions, to promote the PV’s grid parity.
By leveraging its comprehensive advantages in silicon materials and collaborations with China Integrated Circuit Industry Investment Fund, GCL has undertaken the “National Major Science and Technology Special Project 02”, made its move in the semiconductor and integrated circuit industry by acquiring SunEdison, a high-quality semiconductor silicon material pioneer in the world, and obtained or be authorized 1,481 semiconductor-related patents in total, establishing itself as the only domestic enterprise with complete patents from semiconductor silicon materials to wafers. GCL takes the lead in China in setting up a 5,000-ton electronic-grade polysilicon production line exclusive for integrated circuit in 2015, and officially launched electronic-grade polysilicon in November 2017, facilitating the international validation and export of the first batch of high-purity silicon material for integrated circuit in July 2018. It broke the monopoly of foreign technology and market, filled the production gap in domestic semiconductor-level raw materials, and became the first Chinese company to export high-purity silicon materials for integrated circuits to the international market. It is the world's third largest semiconductor silicon material producer after American company Hemlock and German company Wacker. Semiconductor equipment and materials are positioned in the upstream of the semiconductor industry as necessary tools and materials for the production of semiconductor chips, and the basis of modern semiconductor manufacturing technology. GCL braced itself to respond to the “national mission” and solved the long-standing bottleneck in integrated circuit materials in China, to provide sustainable high-end fundamental material to support “China Chip”. Simultaneously, it enters into other semiconductor fields including equipment, large silicon wafers, silicon-based electronic specialty gases, etc. to make significant breakthroughs.
Echoing the “Belt and Road Initiative” and “Go Global Strategy”, internationalization of GCL has taken initial shape. It has set up branches in over 10 countries in Asia, Europe, Africa and North America with more than 10 power and manufacturing projects deployed, and developed natural gas industrial chain covering natural gas prospect, extraction, storage, transport, all the way to the terminal use and service. The Ethiopia-Djibouti Oil & Gas Project, jointly developed by GCL and large central enterprises and national financial institutions, is the largest energy projects in Belt and Road footprints in Africa, and a priority project of capacity cooperation between China & Ethiopia. The project covers an area of 117,000 km2 with natural gas resources amounted to 5 trillion m3. The annual LNG output of 10 million tons is planned to be developed in three phases. In June 2018, Ethiopia has produced the first barrel of high-quality crude oil. This project has been enlisted as a key project in the Belt and Road Projects Pool by National Development and Reform Commission, and the No. 1 national construction project by Ethiopia and Djibouti, making it the long-term supply base for high-quality clean energy, to bring new impetus to the economic and social prosperity of East African countries and the construction of “Beautiful China”.
Innovation is the all-time primary driver for GCL. Innovation in management, model, culture and other aspects are driven by its technological innovation. With the GCL Central Research Institute and General Design Institute as coordinating bodies, 8 domestic R&D branches as supporting organs, R&D centers in the U.S. and Japan as the assembling points of international research resources, a GCL innovation and research system is now in place. The GCL think-tank consists of 8 academicians from the Chinese Academy of Sciences. Led by experts from the national Thousand Talents Program and Chinese Academy of Engineering, the research team is made of over 2,500 researchers from home and abroad working in over 70 R&D facilities, including academician workstations, post-doctoral workstations, internationally certified labs and engineering centers. Possessing over 3,000 patents and copyrights, leading or participating in the formulation of over 60 sets of international, national and industrial standards, GCL has filled technological gaps and hit international frontier in various areas.
Sticking to corporate social responsibility and persisting in green development, GCL commits itself to the philanthropic course and engages in disaster and poverty alleviation actions. Up to now, GCL’s donations had amounted to 280 million. Responding to the national call for precise poverty alleviation, GCL takes an active part in PV poverty alleviation projects by investing in PV power station, from which 42,000 poverty-ridden families have benefited. In addition, GCL has built over 200 libraries in the rural area, covering 14 cities and provinces, 200 schools and 20,000 students, donated 150,000 books and travelled more than 20,000 km. GCL annually releases Corporate Social Responsibility Report that discloses its economic, environmental and public responsibilities in a spontaneous, timely and complete manner. In 2017, its annual corporate responsibility report has received five stars, the highest accreditation by Chinese Academy of Social Sciences. The clean energy directly or indirectly produced by GCL greatly reduces raw coal consumption and emission of carbon dioxide and sulfur dioxide. GCL propels to build a beautiful China by living the green, low-carbon, cyclical development vision. With these efforts, it received the “Philanthropy of Jiangsu” award twice from the Jiangsu Provincial Government.
He who remembers how he started gets to the end. Adhering to the idea that Bringing Green Power to Life and Focusing on green growth for a sustainable improvement of living environments, abiding by the Corporate Spirit of Entrepreneurship, Innovation, Competition, Transcendence, and Core Values of Value-oriented, innovation-driven, striving-based, collaboration-grounded, with the Fundamental Law as management charter, GCL deepens its corporate reform and accelerates strategic transformation, to ride the trends characterized by global clean energy development, commercialization of power systems, integration between energy and digitalization and electric transportation. GCL enhances its responses to the demand side of energy to echo with the supply side reform. GCL pushes its comprehensive transformation forward from "clean energy producers" to "clean energy integrated service providers" with a market and customer-oriented, technology and capital-driven, talent and industry-based strategy. GCL strives to be a respectable leading global new and clean energy enterprise, and to realize the GCL Dream - Powerful GCL, Prosperous Staff and Complimented by Society.