Shanghai Guotou and Yixing City jointly create a demonstration base for scientific and technological innovation cooperation in the Yangtze River Delta.
On April 1, Shanghai Guotou Company and Yixing Municipal Government held a signing ceremony for the establishment of the Yangtze River Delta Science and Technology Innovation Cooperation Ecological Demonstration Base. During the event, Shanghai Guotou's Shanghai Science and Technology Innovation Group signed agreements with Yixing Economic Development Investment Group, including the "Shanghai Chenyao Yichuang Industry Fund cooperation agreement" and the "Science Valley Industry Fund cooperation agreement". The Shanghai Chenyao Yichuang Industry Fund has a scale of about 1 billion yuan, and the Science Valley Industry Fund has a scale of about 3 billion yuan. They will focus on investing in integrated circuits, biomedicine, new energy, advanced manufacturing, artificial intelligence, and other relevant areas that are in line with the development plan for industries in Shanghai and Yixing, promoting deep integration of capital and industry between Shanghai and Yixing, and realizing the goal of "sourcing ideas from outside the region, strengthening the chain, mutual empowerment, and win-win development", to support the construction of Shanghai International Science and Technology Innovation Center.
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