JIC Trust • Yongquan 24 (Kong Sun First Phase) Collective Trust Program was set up on March 10, 2016. It is the first project under the strategic partnership agreement which JIC Trust struck with Kong Sun Holdings Limited in September 2015. The funds raised through this project will be dedicated to the Kong Sun 40MW PV plant in Hefei Anhui.

According to reports, photovoltaic power generation is expected to play an integral part in the new energy industry detailed in the central government’s 13TH Five-Year Plan. In fact, multiple subsidy policies have already been announced in 2015. Dedicated to promoting China’s new energy industry, JIC Trust has constantly been assisting the leading companies in this field. If implemented successfully, the project can strengthen the strategic partnership between JIC Trust and Kong Sun. Moreover, it’ll expand the presence of the former in the energy sector while improving the energy structure of China and facilitate economic growth.