SUSTech and Shenzhen Angel FOF sign strategic partnership agreement
Adrian Cremin | 10/18/2021

On October 15, 2021, a delegation from Shenzhen Angel FOF Management Co., Ltd (Shenzhen Angel FOF) visited the Southern University of Science and Technology (SUSTech) as both parties signed a strategic partnership agreement.

At the same event, SUSTech’s National Entrepreneurship and Innovation Demonstration Base forms a partnership with the Shenzhen Angel Family (Futian), an incubation center jointly built by Futian District and Shenzhen Angel FOF.

Fengliang LI, University Council Chairperson, Li JIN, Acting Vice President, Xiaoxiong YAO, Chairman of Shenzhen Angel FOF, and Xinjian LI, General Manager of Shenzhen Angel FOF, attended the event.

In his remarks, Chairperson Fengliang LI said that the strategic cooperation agreement is a substantial move by both parties to promote development in Shenzhen through cooperation.

Both sides will conduct in-depth exchanges, share expertise in their fields, and assist in training and employment. They aim to make more significant contributions towards innovation, entrepreneurship, and creativity in Shenzhen and enhance the competitiveness of the city.

Xiaoxiong YAO acknowledged the achievements of SUSTech and hopes that the two sides would achieve rewarding results through their cooperation in areas such as the foundation’s projects, direct project investment, technology transfer, intellectual support, student career development, and other areas.

Susheng WANG, Member of the Presidential Executive Council at SUSTech, and Xiangdong XU, Deputy General Manager of Shenzhen Angel FOF, signed the contract agreement as representatives of both parties.

After the signing ceremony, witnessed by the attendants, both sides announced the launching of brand strategic partnerships between SUSTech’s National Entrepreneurship and Innovation Demonstration Base and Shenzhen Angel Family (Futian).

Siqi CHEN, Director of the Office of Party Affairs and Administration, heads of relevant departments at SUSTech, and heads from the Shenzhen Angel FOF also attended the ceremony.

Shenzhen Angel FOF was founded in 2017 and is a strategic and policy fund based in Shenzhen, China. It focuses on assisting startup businesses in the city by investing and cultivating angel investment and financing in startups, which will boost the development of strategic emerging industries and promote industrial transformation and upgrading.