JIN SHA Kong Gu Group: $2 Billion Strategic Investment Initiative
At 9 a.m. on the 4th of November 2021 UAE time, JIN SHA Kong Gu Group and Royal Strategic Partners (RSP) held a grand signing ceremony at the H Hotel Conference Center in Dubai, UAE. The main content involved blockchain, finance, entertainment, real estate and other fields. Two parties signed a joint venture agreement in the field of digital asset exchange and entertainment games. Later on, they will sign specific project agreements with Abu Dhabi Capital Group in the real estate and investment fields.
The Royal Strategic Partners, an affiliate of the private institutional investment house Abu Dhabi Capital Group (ADCG). Abu Dhabi Capital Group is a capital group under the Deputy Chairman of Abu Dhabi Executive Council and the younger brother of a UAE Crown Prince Sheikh Hazza bin Zayed Al Nahyan. They are focusing on the investment and development of emerging industries in the United Arab Emirates. At the same time, the UAE Royal Strategic Partners is the core operator of the UAE’s friendly cooperation organization HALA CHINA. It has made outstanding contributions to the promotion of China-Arab economic communication, investment cooperation, and intercultural communication. It is supported and appreciated by the governments and people of China and the UAE.
Dr. Hamad Al Ali, the CEO of Royal Strategic Partners and Mr. Liu Yang, JIN SHA Kong Gu Group’s Chairman of Board of Directors attended the ceremony and signed a strategic cooperation agreement.
Mr. Abubaker Seddiq Al Khoori, the CEO of Abu Dhabi Capital Group attended the testimony and delivered a speech.
In Mr. Liu Yang’s speech, he expressed his sincere appreciation to Abubaker Seddiq Al Khoori and Dr. Hamad Al Ali for their trust and strong support. He also introduced that JIN SHA Kong Gu Group is one multinational investment group that will develop in cross-border e-commerce, blockchain technology, finance, real estate, entertainment and other fields based on the UAE’s national development strategy. Under the leadership of Sheikh Hazza bin Zayed Al Nahyan, the two parties will work hard to build the largest Sino-Arab cooperative investment aircraft carrier in the Middle East!
According to the external disclosure of JIN SHA Kong Gu Group, the strategic cooperation agreement reached with Royal Strategic Partners will complete the strategic investment deployment of $2 billion in the UAE’s overall industry in upcoming 2022. The investment content covers blockchain, finance, Internet, entertainment, real estate, medical and other fields. In the meantime, the group will jointly establish a blockchain industry fund with the Abu Dhabi Royal Fund and government funds, then will establish a blockchain digital asset compliance exchange, but the specific release time of the exchange was not disclosed.
The delegation of JIN SHA Kong Gu Group was invited by the Egyptian government on October 23, 2021. The first meeting was held in the New Cairo Government Building. The meeting conducted in-depth discussions and dialogues on blockchain, finance, Internet, entertainment, real estate, e-commerce and other industries.
During the meeting, the Minister of Finance of Egypt expressed his warm welcome and appreciation to JIN SHA Kong Gu Group’s visit to the Arab Republic of Egypt. The Egyptian government affirmed the communication between the two parties this time and recognized the Group’s continued steady and high-quality development. Afterwards, the Egyptian government also introduced Egypt’s development in the fields of blockchain, Internet, real estate, and finance. The Egyptian government stated that they expected that the two sides will further strengthen the complementary advantages and resource sharing of economy, culture, resources and market in order to achieve high-quality development in the future.