During the two-hour interview, Director Chen’s mobile phone rang from time to time as EMCS members asked him to solve problems. As Director Chen said, his mobile phone could never be turned off since the members would call him at any time. The Association aims to provide its members with comprehensive services for their capital, technology and energy conservation projects. As energy performance contracting has recently been introduced to China and the overall strength of EMCS members is not strong, the Association tries to improve their capability for making profit.

To effectively solve investment and financing problems for energy management companies, the Phase II China Energy Conservation Promotion Project of World Bank/Global Environment Facility has established a guarantee mechanism of commercial loans for energy management companies to establish bank credit. It’s implemented by China National Investment and Guaranty Co., Ltd. By the end of December 2006, 85 projects with total investment of RMB 410 million Yuan have been given loan guarantee, which will last until December 31, 2009. In recent two years, based on the efforts of Energy Management Company Association as well as the growing strength of energy management companies, international capital and risk investment have been greatly attracted to China. Some energy management companies are preparing for oversea listing. For example. Beijing Shenwu Thermal Energy Technology Co., Ltd. has grown by leaps and bounds from a small company with annual income of RMB 200,000 Yuan in 2001 to a leading company in the industry with expected output of RMB 2.5 billion Yuan in 2006. And Xi’an Rich Co., Ltd. has reserved RMB 200 million Yuan for its projects in 2007. When mentioning the rapid development of the members, Director Chen appeared quite satisfied.