ICBC, Tsinghua Holdings inks Investment Fund Cooperation Agreement on Sept 24.

Tsinghua Holdings and the Industrial and Commercial Bank of China (ICBC) inked an agreement on the "ICBC-Tsinghua Holdings Technology New Forces Fund" on Sept 24th, serving to connect university academic achievements and corporate resources.

Representatives from ICBC, ICBC Financial Asset Investment Co., Ltd and Tsinghua Holdings signed the "ICBC-Tsinghua Holdings Technology New Forces Fund" Agreement.

Representatives from ICBC, ICBC Financial Asset Investment Co., Ltd and Tsinghua Holdings

During a speech, Hu Hao, Vice President of ICBC, indicated that Tsinghua University and ICBC have fostered a long-term close relationship and cooperation. The signing of the fund cooperation agreement marks their cooperation entering a new development stage. They will cooperate to assist in the integration of industry and education by means of financing, and together advance scientific and technological achievements transformation, and contribute more to China's technological upgrades and national economic development.

In another speech, Wang Xiqin, Executive Vice President of Tsinghua University, thanked ICBC for the consistent trust and support for Tsinghua University and member enterprises of Tsinghua Holdings. Currently, Tsinghua University is trying to explore the new mode of university hi-tech industry development. Tsinghua University will advance more original scientific and technological achievements transformation and "deeply participate in the practice of innovation-driven development strategy."

In the future, ICBC and Tsinghua University will jointly explore cooperation in financial talents training, financial research, big data research and artificial intelligence.