Everbright International Launches China Everbright Green Technology Innovation Research Institute in Hong Kong
Aiming at a World-class Center Dedicated to Green Technological Innovation and Commercialisation of Research Results

On 12 September 2019, China Everbright Green Technology Innovation Research Institute (the "Institute") was launched in Hong Kong Science & Technology Park (HKSTP). The Institute marks the first offshore technological research and development ("R&D") institute under Everbright Group. Li Xiaopeng, Chairman of Everbright Group; Tan Tieniu, Deputy-Director of the Liaison Office of the Centre People's Government in the Hong Kong SAR (the "Liaison Office"); CHAI Ngai Chiu, Chairman of the Board of the HKSTP Corporation; and Cai Yunge, Deputy General Manager of Everbright Group all attended the unveiling ceremony in celebration of the launch of the Institute. The ceremony was also attended by Wang Tianyi, CEO of Everbright International; Jiang Jianxiang, Deputy Director-General of the Department of Educational, Scientific and Technological Affairs of the Liaison Office; Wong Hak-keung, CEO of the HKSTP Corporation; Lam Kwan-sing, Vice-President of City University of Hong Kong; Feng Xiang, General Manager of the Department of Coordinated Development at Everbright Group; Xu Jinlin, Deputy General Manager of the Department of Strategic Development at Everbright Group; Raymond Wong, CFO of Everbright International; and Yang Shiqiao, Deputy General Manager of Everbright International.



The Institute was established by Everbright International and will become the global R&D headquarters of the company. With a focus on Hong Kong, a deep-rooted foundation in the Mainland and a global vision, the Institute aims to attract advanced technologies and talent in order to become a platform for the commercialisation of green technologies, a center for exchanges and collaboration on technologies worldwide, a hub for technology collaboration in the Mainland, and also a center for exchanges and trainings among global talents. The launch of the Institute marks important moves of Everbright Group to engage in the development of the Guangdong-Hong Kong-Macao Greater Bay Area, and facilitate Hong Kong to become a global innovation and technology hub. These moves will firmly support the development of innovation and technology in Hong Kong, as well as prosperity and stability of the city. The launch of the Institute also demonstrates that Everbright International's strategy of "Creating Future with Green Power and Pursuing Development through Technology" has taken root in Hong Kong and begins to develop gradually.



Prior to the ceremony, Li Xiaopeng, Cai Yunge and Wang Tianyi conducted a pleasant discussion with representatives from the HKSTP Corporation and scholars from universities in Hong Kong, topics including an introduction to the development of the HKSTP Corporation and its major achievements, potential coordination between Everbright Group and the HKSTP Corporation to boost technological innovation, the use of Everbright Group's advantages in industry and finance to provide full-fledged financial services to HKSTP in future, among others.



Cai Yunge, Wong Hak-keung and Lam Kwan-sing addressed at the unveiling ceremony respectively to congratulate the launch of the Institute. Cai said in his speech that Everbright International is devoted to the development philosophies that science and technology are primary productive forces, with innovation as the primary driving force. The company strives to develop its brands of "Intelligent Manufacturing by Everbright International" and "Intelligence by Everbright International", and continues boosting its core competitiveness in technology and innovation. The Institute is expected to stay deeply entrenched in Hong Kong, pursue good coordination between Hong Kong and the Mainland, and focus on tackling technological challenges, with the spirit of openness and inclusiveness. It is also expected to become a world-class center dedicated to the R&D, commercialisation and cultivation of ecological and environmental technologies, backed by the support from the mainland, with a focus on Hong Kong and a global vision. The Institute will strive to contribute to the innovation and technology development in Hong Kong, as well as the prosperity and stability of the city. It will also make a greater contribution to China's ecological progress and the world's environmental protection and management.

As an active force that facilitates the progress of China's environmental protection technologies, Everbright International regards technology and innovation as the core driving forces for its development. As a result, the company pays great attention to and greatly support work relating to technology and innovation, so as to strengthen its intrinsic motivation and core competitiveness. Driven by this direction, Everbright International has developed a series of high-quality technological R&D platforms, including its R&D center in Nanjing City and Everbright-Qingdao University of Technology Research Institute of Environmental Technology.







At the ceremony, Everbright International has reached strategic cooperation with universities in Hong Kong, including the Chinese National Engineering Research Center for Control and Treatment of Heavy Metal Pollution (Hong Kong Branch) at HKUST, the Research Institute for Sustainable Urban Development at Hong Kong Polytechnic University, and the School of Energy and Environment at City University of Hong Kong. Additionally, Li Xiaopeng also handed over the letter of appointment to Prof. Chen Guanghao from HKUST, appointing him as an advisor to the Institute, marking the beginning of the collaboration between Everbright International and the universities in Hong Kong.





Wang Tianyi, CEO of Everbright International, said: "Starting from 2019, Everbright International has been proactively promoting the optimisation and adjustment of its technological innovation structure, which further clarifies the leading and driving roles of technology and innovation in the company's development. The establishment of the Institute marks an important step of Everbright International in its ‘Three Institutes' plan, which consists of green technology innovation research institute, zero-waste city research institute and ecological and environmental planning and design institute, which marks a good start for the company's Technological R&D and innovation in the future. As the headquarters of Everbright International's technological innovation and R&D, the Institute will facilitate the company to step up to a new development stage in the area of technological innovation. The Institute will form a "Four-in-One" structure together with the company's technological innovation platforms in Shenzhen, Nanjing and Qingdao Cities, in order to better promote the company's strategic planning of pursuing development driven by technology and innovation. With a deep-rooted foundation in the Mainland, the Institute will focus on Hong Kong and reach out to the world, so as to absorb advanced technologies and innovative ideas across the globe, and recruit talent worldwide. It targets to develop industry-leading core competitive edge to better facilitate Everbright International's rapid development. In the meantime, it will contribute to a greener and more sustainable home planet."



The ceremony was attended by more than 200 representatives from Everbright Group, Everbright International, the HKSTP Corporation, HKUST, Hong Kong Polytechnic University, City University of Hong Kong, and Everbright Group's subsidiaries in Hong Kong.