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[Dynamic News] TTGG and Suzhou Xiangcheng District signed a strategic cooperation agreement to help

Date: 2018-09-14
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On September 8, 2018, Suzhou Xiangcheng District Government and TTGG signed a strategic cooperation agreement in Shenzhen. According to the agreement, the two parties jointly funded the establishment of Suzhou TTGG Industrial Investment Fund, in which the total size of the fund is 5 billion yuan, jointly promoting Suzhou Xiangcheng District in the four major fields of IT, high-end equipment manufacturing, artificial intelligence technology and future urban technology. And the strategic layout of eight major industries, such as smart home, robots, AI, automobiles and parts, medical equipment, future urban technology, new materials and additive manufacturing, and integrated circuits, will jointly realize the construction of Xiangcheng District into a new stage of high-tech. Planning targets for the Technology Industry Cluster Center and the Suzhou City New Center.


On September 9th, Gu Haidong, secretary of the Xiangcheng District Party Committee, led the Standing Committee of Xiangcheng District, the Deputy Secretary of the Party Working Committee of Xiangcheng Economic Development Zone, Shen Lei, the Standing Committee of Xiangcheng District, Wu Hao, and the Deputy District Head of Zhucheng District, Zhu Xiaohai, etc., who came to TTGG to exchange, Mr. He Xiangdong, Chairman of the Board, Zhou Xiaole, Managing Partner, Xu Yuanling, Partner, and Shao Zhongyu, Business Partner, attended the forum. He Dong expressed his sincere welcome to the visit of Secretary Gu Haidong and his entourage. Mr. Gu introduced the development trend of Xiangcheng District in Suzhou in recent years and the industrial planning pattern of high-standard and high-starting future. He expressed the hope that the strength of first-class private equity investment institutions will jointly promote the investment of industrial investment funds. He Dong said that TTGG has accumulated rich practical experience with industrial funds to help local governments achieve transformation and upgrading. At the same time, it has deep industry layout and forward-looking industry analysis capabilities in high-end manufacturing, new energy, new materials, environmental protection and other fields. TTGG is willing to use its own professional capabilities to help the city government achieve economic growth.

 

At the meeting, the two sides also jointly explored the prospects for multi-level cooperation in the future, and raised eager expectations for the implementation of the Suzhou TTGG Industry Fund as soon as possible. The Xiangcheng District Government and TTGG have a good foundation for cooperation for many years. The visit of Secretary Gu Haidong has further increased the trust and understanding of both sides, and the landing of the cooperative industrial funds will also enable TTGG to support the exploration and practice of local government industry funds to a new height.


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