Chenxing High-Tech Signs Strategic Cooperation Letter of Intent with Shanghai Fengxian


Release date:

Dec 26,2019

On December 19, the High-Quality Development Promotion Conference for the Life Health (Biopharmaceutical) Industry of Fengxian District was grandly held at the Fengxian District Museum in Shanghai.

      12 Month 19 On the day, the High-Quality Development Promotion Conference for the Life Health (Biopharmaceutical) Industry of Fengxian District was grandly held at the Fengxian District Museum in Shanghai. Attendees included Chen Kaixian, an academician of the Chinese Academy of Sciences and researcher at the Shanghai Institute of Materia Medica, Chinese Academy of Sciences; Ding Jian, an academician of the Chinese Academy of Engineering and Dean of the School of Pharmacy at the University of Chinese Academy of Sciences; and Philippe, the founder of microbial cell biology and an academician from five Western countries. · Attending the event were a distinguished group of experts and leaders, including Shan Songniti, Zhuang Mudi, Secretary of the Fengxian District Committee of the CPC; Chen Yongzhang, Chairman of the Fengxian District CPPCC; Hou Jijun, Deputy Secretary of the Shanghai Municipal Committee for Science and Technology; Liu Yang, General Manager of Chenxing High-Tech; and other prominent figures.

The conference venue

The conference venue

The conference venue

At the meeting, Chenxing High-Tech signed a letter of intent for strategic cooperation with the Shanghai Fengcheng Economic Development Zone Management Committee. Moving forward, Chenxing High-Tech will invest in and build facilities in Shanghai's Fengxian district. Chenxing High-Tech · Smart Manufacturing Industrial Park Focusing on attracting industries such as high-end equipment manufacturing, biopharmaceuticals, and new energy and advanced materials, the project aims to create a thriving industrial cluster. It is reported that the proposed land use for the project is 142 Mu, total floor area 18.9 Ten thousand square meters, with a total investment of approximately 12 Hundreds of millions of yuan, with an estimated annual output value 12 Hundreds of millions of yuan.

Signing a Letter of Intent for Strategic Cooperation

Shanghai is a national central city and a megacity, as well as the most economically dynamic region in the Yangtze River Delta. As a southern central city of Shanghai and a key comprehensive industrial base, Fengxian boasts a robust industrial foundation and an ideal environment for brand development. With the deepening implementation of the Yangtze River Delta integration strategy and the expansion and growth of the new free trade zone area, Fengxian is now poised to seize unprecedented historical opportunities for development.

As a next-generation integrated industry-and-city investment operator in China, Chenxing High-Tech focuses on areas such as industrial park planning and development, investment attraction and operations, equity investments in technology companies, and the establishment of industry-focused fund management. The company is committed to driving regional economic growth and expanding its nationwide industrial presence. The signing of this strategic cooperation agreement marks a substantive first step for Chenxing High-Tech in establishing a strong foothold in the Yangtze River Delta region. Moving forward, both parties will swiftly advance the implementation of their joint projects, ensuring tangible results that not only strengthen the Fengxian Intelligent Manufacturing brand but also accelerate the high-quality development of Fengxian’s smart manufacturing industry.

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