Beijing, November 11, 2025 — Beijing Zhongguancun Technology Entrepreneurship Financial Services Group Co., Ltd. (“ZGC Finance”) and Skytower Group Inc. (“Skytower”) have officially entered into a strategic partnership in Beijing. Together, the two organizations will build a full-chain collaborative ecosystem integrating technology finance, international industrial investment, talent development, and industrial park development, supporting Chinese technology enterprises in accelerating their expansion into global markets — particularly Saudi Arabia and the United States.
As a leading technology finance platform guided by the Beijing Municipal Government, ZGC Finance provides comprehensive solutions to address financing challenges faced by innovative enterprises. Skytower brings deep experience across China, the U.S., and Saudi Arabia, with strong capabilities in new energy, advanced materials, robotics, chemicals, and clean energy. The partnership leverages the complementary strengths of both sides to create a diversified cooperation framework spanning investment, industrial-chain finance, international capacity cooperation, and specialized training programs.
Under the Agreement, both Parties will advance cooperation in key industries including fine chemicals, new energy, energy storage, mineral development, AI manufacturing, lights-out production, and localized manufacturing. Joint efforts will also include establishing a Pre-Departure Training Center in Beijing and developing the China–Saudi Innovation Industrial Park / Saudi Zhongguancun Innovation Hub, providing enterprises with comprehensive landing services and an internationally oriented business environment.
Zhang Jian, Chairman of ZGC Finance, stated: “This partnership integrates financial tools, industrial resources, and global capabilities, offering strong support for Chinese technology companies entering the Saudi and broader international markets.”
Eric Fang, CEO of Skytower, added: “Together, we aim to build a fast, reliable pathway for Chinese tech enterprises to expand globally and achieve long-term success.”
This strategic collaboration establishes a new benchmark for global cooperation between China’s technology finance sector and the international industrial ecosystem, providing sustained momentum for the global development of Chinese technology companies.
