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China's First Joint Venture Hi-Tech Enterprise Incubator Launched
Shenzhen Innovation Sic-tech Park, the first joint venture hi-tech enterprise incubator to be operated in accordance with international commercialized standardization, was established on October 16.
The park was jointly set up by Shenzhen Innovation Investment Co., Ltd., Cyber Investment Co., Ltd, Singapore Danmaxi Capital Ptd and Beijing Tsinghua University Enterprise Group, with a total investment of RMB 80 million in the first stage. It plans to incubate 30-40 enterprises.
According to Kan Zhidong, general manager of Shenzhen Innovation Sci-tech Investment Co., Ltd., the park will seek listing after system restructuring.
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