china everbright limited and zhangjiang hi-tech signs strategic cooperation agreement

business related 12 dec 2016
china everbright limited (“cel”, stock code: 165.hk) and shanghai zhangjiang hi-tech park development co., ltd. (“zhangjiang hi-tech”, stock code: 600895.sh) signed a strategic cooperation agreement for comprehensive in-depth cooperation in the areas of industrial investment and real estate investment.
 
executive director and ceo of cel chen shuang and general manager of zhangjiang hi-tech ge peijian attended and hosted the signing ceremony at cel's hong kong headquarters on 9 december 2016. the two parties intend to take such investment in industrial parks as a starting point and will jointly set up funds and cooperate in various areas including industrial real estate, the internet, electronic information, bio-medicine, culture and creativity, as well as low-carbon environmental protection.
 
as a significant development enterprise located in the core area of shanghai technology innovation center ("center") and listed on shanghai stock exchange, zhangjiang hi-tech is a major party committed to the construction of the center. the synergy between free trade zone and national independent innovation demonstration zone brought by zhangjiang science city has been providing new room for growth while a new round of state-owned assets and state-owned enterprises reform has been giving fresh impetus to the transformation of zhangjiang hi-tech. with technology investment as its direction of strategic development, zhangjiang hi-tech is striving to build a new generation of industrial real estate operator and serve future high-tech industry integrators and technology-financial integration service providers. it seeks not only organic integration and coordinated development between industrial real estate and industrial investment business, but also connection with the capital market for value exploration.
 
cel is the financial flagship of china everbright group in hong kong. the company upholds the strategy of “macro asset management” and focuses on the development of cross-border asset management and investment business. cel has, through its international management platform and the private equity funds, venture capital funds, industry funds, mezzanine funds, hedge funds and principal investment, worked with overseas investors and established, explored and cultivated multiple chinese enterprises with high growth potential, while in the meantime providing diversified financial services to those mainland china enterprises seeking for overseas investment opportunities.
 
the signing of the strategic cooperation agreement reflected zhangjiang hi-tech’s response to the call for entrepreneurship and innovation of the public. zhangjiang hi-tech has put into practice its strategic ideas of offshore innovation, global incubation, industrial mergers and acquisitions, as well as park integration. it has closely connected to global resources and elements for innovation in constructing an open-ended innovative ecosystem, and has made itself a leader and created the new benchmark in global high-tech park development and operation, which will have significant brand effect and play a core leading role in future technology parks innovation, industrial areas establishment and enterprise services. furthermore, the signing of the agreement also marked cel as fully playing the advantages of its international financial platform in implementing innovation-driven development strategies. cel shall seize the opportunity to coordinate and plan, as well as provide important strategic support to construct zhangjiang into a globally influential scientific technology innovation center.