Zhong Caijing Fund signed a strategic investment protocol in Saudi Arabia with Xinyu Ren and Yudian New Energy.

On April 22, Jin10 reported that the Zhongcai Financial Fund signed a tripartite strategic protocol for overseas market development with Xinyu Ren and Yudian New Energy. According to the protocol, the Zhongcai Financial Fund, as a professional investment operation platform, will invest special funds for the construction of an electronic manufacturing factory in Saudi Arabia. Additionally, Xinyu Ren and Yudian New Energy will integrate their advantageous resources and are planning to establish a joint venture company in Saudi Arabia. Yudian New Energy will lead the technical design and implementation of the Saudi project, while Xinyu Ren will provide core technology and product support.

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