FLC 3.41% 8.5¢ fluence corporation limited

Very interesting @willchang409!Was just reading the latest from...

  1. 1,002 Posts.
    lightbulb Created with Sketch. 3339
    Very interesting @willchang409!

    Was just reading the latest from the 3 Gorges Yangtze River Environment Group, and they certainly highlight how political things are with following Xi Jingping's message, who basically forced them as an SoE to start playing a role in the protection of the Yangtze River and help fulfill his environmental objectives. Must be the same story with other large SoEs.

    3 Gorges article

    Your article mentions the various SASACs, and because the banks are also tied into government, any long term planning and PPP's requiring funding is also going to be to the advantage of the SoE's rather than the privates. I didn't realize how small Jinzi was until they did a Chinese market listing around April this year. At the time it seemed like they were already struggling for funds. QSY are more wealthy than Jinzi also seem to lack the ability to generate larger contracts. I agree that these types will struggle moving forward, as I saw something maybe a year ago that said more than half the new environmental protection companies in China were losing money, as they over-invested too early before the market was established properly. Now when some of the good opportunities are presenting themselves, these companies will not be in a position to chase them.

    Fluence have shown the last 12 months that they are really targeting the larger opportunities that are tied into the state governments and SoEs. It is strange because initially we thought that the private companies were going to move first with MABR, but it seems with political support and funding, the SoEs are now capturing most of the business opportunities from the smaller players. Too many resources, too much political support at the highest levels. This approach has been paying off for Fluence, as there have been some good wins recently. It is also what I was discussing with @ywtoh when I said that it was good that Fluence were able to raise some funds before some of these negotiations, as some of these SoEs can also be predatory in trying to buy up strategically valuable IP from financially desperate partners.

    In Jiangsu, Fluence are well supported by the Wujin government and the Israeli relationship with China is strongest in Jiangsu province as that was the site of the first Israeli business park in China. Recently Fluence had a visit from the International Cooperation Department of the Ministry of Science and Technology. The partnership between China and Israel is also expanding with more provincial Israeli parks opening up around China. Fluence may be able to leverage off these resources in the future.

    Create a distribution center and bridgehead for cooperation with national resources
    2019-10-31

    From October 29th to 30th, the inspector of the International Cooperation Department of the Ministry of Science and Technology, Xiang Xiangping, came to the Changzhou Innovation Park to further understand the construction of the park and the cooperation and exchanges between China and Israel. District leaders Li Lin and Xu Zhiguo participated in the survey.

    On the afternoon of the 29th, Yan Xiangping inspected the Changzhou Innovation Park Exhibition Hall, the China Innovation Energy Innovation Center and the Natali Remote ECG Monitoring Center in the Changzhou Innovation Park.  

    With the latest multimedia technology, the Changzhou Innovation Park Pavilion will showcase the construction process of the China-Israel Changzhou Innovation Park, the latest Israeli technology and the cooperation between China and Israel. As the first innovative demonstration park signed by the Chinese and Israeli governments in China, the park has accelerated planning and construction and building an innovative platform in recent years. In particular, after adjusting to the “Kechuang Corridor” in Changzhou Science and Education City, it plans to build a 330-mu area as a construction. The new start-up area and the 5 square-kilometer area will serve as a park construction and expansion area to better gather scientific and technological resources, R&D talents and high-level innovation and entrepreneurship teams, and promote the joint development of China-Israel Changzhou Innovation Park and Changzhou Science and Education City and the integration of Wujin High-tech Zone. Yan Xiangping affirmed the cooperation model and construction achievements of Changzhou Innovation Park, and expressed appreciation for the park's emphasis on building an innovative enterprise service system.

    In the exhibition hall of the National Innovation Energy Innovation Center, Xiao Xiangping learned in detail about the work content of the Innovation Center and the demand for high-end talents. Yan Xiangping pointed out that it is necessary to give full play to the policy advantages, to fully serve the talent needs of the innovation center, and to improve the social influence of the innovation center.

    The Natali Remote ECG Monitoring Center of the South Hospital of Wujin People's Hospital signed a cooperation agreement with many hospitals such as Xuzhou Cancer Hospital, Jiangsu Provincial Hospital of Integrated Traditional Chinese and Western Medicine and Second Affiliated Hospital of Nanjing Medical University with the support of Changzhou Innovation Park. The service covers more than 20 cities across the country. After understanding the operation of the remote ECG monitoring center, Xiaoxiang Ping affirmed the cooperation mode of enterprise telemedicine services.

    On the morning of the 30th, Xiao Xiangping went to the West Taihu Science and Technology Industrial Park to inspect the Israel E3 Incubator, Fulangshi Water Technology (Jiangsu) Co., Ltd. and Zhengtu Xinshi (Jiangsu) Technology Co., Ltd.  

    At the subsequent symposium, Xiao Xiangping listened to the work report of the China-Israel Changzhou Innovation Park this year. He pointed out that the relevant leaders of China and Israel attach great importance to the construction of the park. In recent years, the park has maintained a national leading position in terms of cooperation mechanism, cooperation mode, and cooperation results, and its work results are worthy of recognition. In the next step, the park should continue to be the pioneer and flagship of China-Israel cooperation, make full use of the cooperation platform between the two governments and jointly build the planned brand, and continuously expand the cooperation field. We must do a good job in communication and communication with Israel, pay more attention to the demands of Israel, focus on China's technological needs, and do a good job of connecting with Israel's innovative resources to achieve a win-win situation. We must base ourselves on the advantages of early start, rich experience, and developed manufacturing. We stand at the height of cooperation between the two countries, boldly try and innovate mechanisms, and build a distribution center and bridgehead for cooperation with national resources.

    Li Lin, deputy mayor and secretary of the district party committee, said that the district committee and district government will go all out to make the work of the construction of the Changzhou Innovation Park in China and the province more solid in accordance with the national, provincial and municipal deployment requirements.
 
watchlist Created with Sketch. Add FLC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.