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HONG KONG, Dec 29, 2009 - (ACN Newswire) - With the United Nations Climate Change Conference kick-off ceremony was held on 7 Dec in Copenhagen, the capital of Denmark, in which the world's leaders gathered at the twelve-day summit meeting, the forum targets on the framework for climate change mitigation beyond 2012 to be agreed there. People familiar with the market say emission reduction and energy conservation have been a strong focal point globally, where New Energy Resource would take up a major position, and the industry can have a robust development in the coming ten years, hopefully it could be the world's third largest industrial sector.
Copenhagen conference is considered as a successor of Kyoto Protocol, aiming at drafting an agreement on preventing climate changes and global warming, as well as settling discrepancy between countries. However, people are more concerned on the investment opportunities ahead. People familiar with the market predict that, with the concept of green energy conservation, environmental protection and emission reduction strengthen, low carbon economy would become a leading investment topic in the capital market.
In fact, the Chinese Government has already shown her devotion to green strategies, saying to reduce carbon emissions per unit of gross domestic product (GDP) by 40 to 45 percent by 2020. The determination implies that green economy would be the future direction for China, and related policies are assumed to be released.
WWF (World Wildlife Fund), the world's leading conservation organization, even predicts that by 2020 the clean energy industry will be worth euro 1600 billion a year, just rank behind automobiles and electronics as the third largest industrial sector. In comparison with the sales volume of euro 630 billion in 2007, it posts an increase of 1.54 times.
China Innovation Investment Ltd. ("CH Innovation", stock code: 01217.hk), as one of the investment expert focuses on the dual-use of 'Three-New Industry', including "New Energy Resource", "New Light Resource" and "New Material" investment opportunities throughout military and civil market sectors in Hong Kong capital market, has already shown its foresight in the new technologies like solar energy, wind energy, geothermal energy, as well as LED.
Especially for the solar energy sector, although the technology face challenges like unstable supply of sunlight, export of direct electricity current, unevenly distributed coverage of electrified wire netting, and the development is still immature, it is believed that the demand of reserving system will grow substantially, and the technology (out of all the new energy resources) could increase most rapidly in long run. With a view to seizing the chance of new energy tide, the Group targets on expanding the field of solar power system.
Besides, CH Innovation has invested in Dooda Innovation Limited ('Dooda'), consisting of the R&D, production and sales of the dual-use of LED backlight and lighting technology in both military and civil market sectors. With its long life span, higher reliability and energy saving characteristics, LED-technological products would step into mainstream.
Addition with C-Micro Circuit Corporation and Zhenjiang Fujieda Copper Foil Company Limited, that supply internationally advanced technology in manufacturing LTCC (Low Temperature Co-fired Ceramic) products for new energy resources and new light resources, CII's 'Three-New Industry', including "New Energy Resource", "New Light Resource" and "New Material" are closely correlated, grasping the opportunity for the new age development of clean energy with promising return.
Contact:
Carmen Lee
Investor Relationship Department
China Innovation Investment Limited
Email: carmen.lee@ntg.com.hk
Tel: 2111 9988
Direct: 2155 6275
Mobile: 6301 6611
Fax: 2111 9989
Topic: Press release summary
Source: China Innovation Investment Limited
Sectors: Daily Finance, Energy, Alternatives
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From the Asia Corporate News Network
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