On June 20, Zhejiang State-owned Capital Operation Co., LTD. (hereinafter referred to as “Zhezi Operation”) and Zhongkong Technology Co., LTD. (hereinafter referred to as “Zhongkong Technology”) formally signed a strategic cooperation framework agreement. Not long ago, Zhejiang Capital operation has just made a strategic investment of 941.55 million yuan in Zhongkong Technology through block trading, holding 2.8% of the shares of Zhongkong Technology. The strategic cooperation aims to respond to the high-quality development strategy of Zhejiang Provincial Party Committee and provincial government, accelerate the construction of a modern industrial system with the digital economy as the core, and deepen the cultivation of “415X” advanced manufacturing clusters. The two sides will work together to build a more long-term and broader business ecosystem through the establishment of a deep strategic partnership.

TC-PRR021 Dong Guibo, Party secretary and director of SASAC of Zhejiang Province, Jiang Yangjian, Party secretary and chairman of Zhejiang Capital Operation, and Chu Jian, founder of Zhongkong Technology Group, witnessed the signing. Wang Gongyu, general manager of Zhezi Operations, and Cui Shan, Chairman and president of Zhongcong Technology, signed the strategic cooperation framework Agreement on behalf of the two sides.

Dong Guibo pointed out in his speech that the cooperation is a necessary move for Zhejiang state-owned enterprises to enhance their core functions and improve their core competitiveness in the field of industrial real economy. It is hoped that the two sides will strengthen their strategic functions, resolutely shoulder the mission of promoting new industrialization, focus on the implementation of the “415X” advanced manufacturing cluster cultivation project, and actively build an industrial ecosystem. We will further promote the acceleration and efficiency of the manufacturing industry for better development. We will strengthen complementarities, constantly pool strong driving forces for the development of new quality productivity, fully grasp strategic opportunities for the development of new quality productivity, promote the deep integration of scientific and technological innovation and industrial innovation, and open up new tracks, seize new heights, and create new advantages in the development of new quality productivity. We will strengthen integrated development, continue to create demonstration samples of win-win cooperation, further innovate ways of cooperation between state-owned enterprises and private enterprises, and form new models and new systems that lead the future in terms of technology integration, information sharing, mechanism reform, and corporate governance.

Jiang Yangjian said that Zhongcong Technology, as an industry leader, has strong technical strength and remarkable scientific and creative attributes, and has leading advantages and a good foundation for development in intelligent manufacturing fields such as industrial automation, industrial software and industrial AI. This time, the two sides build industrial ties and ecological ties through equity ties, which will help further deepen cooperation and work together. It is hoped that the two sides will deepen strategic coordination, deepen interaction and cooperation, and deepen industrial linkage, form a strong force to serve the implementation of major strategies, promote the joint progress of state-owned enterprises and private enterprises, and help industrial transformation and upgrading, and play a positive role in comprehensively helping Zhejiang Province develop new quality productivity and build a modern industrial system.

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Chu Jian warmly welcomed the arrival of Secretary Dong Guibo and Chairman Jiang Yangjian, and gave a comprehensive introduction to the development of Zhongcong technology enterprises. He pointed out that innovation and change are the inexhaustible driving force to promote industrial development, and the strong combination of Zhongcong technology and Zhejiang capital operation will undoubtedly inject unprecedented vitality and opportunities for the development of Zhongcong technology. The strategic investment of Zhezi Operation in Zhongcong technology is not only a recognition of the achievements of Zhongcong Technology in the past, but also a deep trust and firm support for the future growth potential of the company and the entire industry. He stressed that China Control Technology is very confident that under the leadership of the Zhejiang Provincial Party Committee and the provincial government, with the support of the provincial SASAC and Zhejiang capital operations, the company will give full play to its leading advantages in the field of industrial automation, industrial TC-PRR021 software, industrial AI and other intelligent manufacturing, constantly improve its core competitiveness, create new quality productivity, and contribute to the transformation and upgrading of the manufacturing industry in Zhejiang Province and even the whole country.

Provincial SASAC relevant office responsible person, Zhejiang capital operation deputy general manager Zhou Deqiang, Yu Yuncai and related departments, subsidiaries responsible person, senior vice president of China control technology Mo Wei, vice president of China control technology, secretary of the board Yongsheng and other executives and heads of relevant departments attended the signing ceremony.

This strategic cooperation has laid a solid foundation for the two sides to open a new chapter of cooperation in the fields of industrial chain coordination, new business cultivation, capital operation and other fields. Relying on the deep heritage of Zhongkeng technology in the field of intelligent manufacturing and the capital platform advantages of Zhejiang Capital operation, it is expected to boost ZhongKeng technology to achieve a comprehensive upgrade of business and accelerate the incubation and research and development of new business. Deepen the layout in frontier fields such as AI large models, high-end automatic control technology, and humanoid robots, and make outstanding contributions to the development of new quality productivity.

Looking forward to the future, Zhongkang technology will deeply integrate various resources with Zhezi operation, continuously expand cooperation areas, open comprehensive cooperation, amplify synergies, jointly shape the new ecology of the industry, enable new quality productivity, and continue to lead the global process industry to highly automated, digital and intelligent.