Huaqiang New City and Yida Future will Jointly Explore A New Model of City-industry Integration Development in the Future

On November 3, Huaqiang New CityGroup and Yida Future Company signed a cooperation agreement. The two partieswill use Huaqiang Idea Park as a pilot project to focus on strengtheningcooperation in areas such as industrial park operation management andindustrial ecological chain construction. Huaqiang Holdings President LiShucheng and Huaqiang New City Chairman Lu Peikang, Yida Future President WeiWei, and CFO Chu Xiaoli attended the signing ceremony.

Huaqiang Idea Park is located inGuangming Science Town, with a total construction area ofabout800,000 square meters. It is one of the largest digital cultural and creativeindustrial city complexes in Shenzhen, and was rated as "Shenzhen'sInternational Key Park". The two parties will firmly seize the majorhistorical opportunity of the development, give full play to their respectiveindustrial resources and operational advantages, adhere to the developmentconcept of industrial agglomeration, and further improve intellectual propertyrights, achievement transformation and cross-border cooperation. Thesix-dimensional service system of “financial support, talent care, and luggageaccommodation” will quickly build the Huaqiang Idea Park project into astrategically emerging and related industry cluster providing services forelectronic information, cultural technology, artificial intelligence,information services and digital economy, forming the industrial ecologicalchain of the full cycle of enterprise growth, and strive to build a benchmarkdemonstration park in the Bay Area to promote the realization of qualitydevelopment of the regional economy.