[News]Yida Capital and Jiangsu Jiaxuan signed a cooperation agreement to inject new vitality into the permanent magnet roller industry

[Summary Description] On the morning of December 20, 2019, the signing ceremony between Yida Capital and Jiangsu Jiaxuan Intelligent Industrial Technology Co., Ltd. was carried out smoothly at the headquarters of Jiaxuan.

On the morning of December 20, 2019, the signing ceremony between Yida Capital and Jiangsu Jiaxuan Intelligent Industrial Technology Co., Ltd. was carried out smoothly at the headquarters of Jiaxuan.
At the signing ceremony, Fu Jie, chairman of Jiangsu Jiaxuan Intelligent Industrial Technology Co., Ltd., introduced the cooperation agreement between Jiangsu Jiaxuan and Yida Capital to both parties. Jiaxuan Chairman Fu Jie said that Jiangsu Jiaxuan cherishes this cooperation very much. This signing marks the beginning of the formal cooperation between Jiangsu Jiaxuan and Yida Capital and also lays a solid foundation for the friendship between the two parties. Jiangsu Jiaxuan will strictly implement the contract, taking this cooperation as a starting point, and considering long-term strategic cooperation with Yida Capital from multiple levels and perspectives to achieve a win-win situation.

Yida Capital said that Jiaxuan Intelligent Permanent Magnetic Roller has unique advantages in terms of space, maintenance and energy saving compared with traditional equipment. The future development direction of motor energy-saving products is: integration, intelligence, generalization and informationization. With the improvement of microprocessor performance and the increasing maturity of industrial applications, it has become an inevitable trend to realize consumption reduction, energy saving and intelligent control of motors.
With the rapid development of modern industry, science and technology have created a new way of production for mankind. Under the background of realizing "Made in China 2025" and "Industry 4.0", Jiangsu Jiaxuan took the lead in developing an energy-saving integrated intelligent drive device for industrial belt conveyors. Yida Capital expressed its confidence in Jiaxuan’s future development. The signing of the signing ceremony and the signing of related agreements marked a new level of cooperation between the two parties. It is hoped that each other will work together to build a good cooperative relationship of trust, understanding and support. Continuously improve to a new level to promote Jiaxuan's better and faster development.

Introduction of Yida Capital SME Development Fund: The National SME Development Fund (Jiangsu Limited Partnership) has a total scale of 4.5 billion yuan. The main investors include the Ministry of Finance of the People’s Republic of China, Jiangsu Provincial Government Investment Fund (Limited Partnership) and Jiangsu High-Tech Investment Group Co., Ltd. etc. The fund will mainly invest in technology-based, innovative, and growth-oriented small and medium-sized enterprises that represent the direction of future industrial development and have growth potential, and solve their development bottlenecks by providing capital value-added services.