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Zhaotai Group and Kiraboshi Bank Establish a Joint Venture

Publication time: 2022-02-10    source:ZHAOTAI GROUP

Xinming Guanjia Business Consulting (Beijing) Company Limited (“Xinming Guanjia”), a joint venture between Zhaotai Group and Kiraboshi Bank, a leading Japanese financial institution, has recently settled down in China-Japan Innovation Cooperation Demonstration Zone (“China-Japan Demonstration Zone”) in District, Beijing. The establishment of the company marks another signature fruit of the China-Japan Demonstration Zone in building an innovation-driven cooperative development platform and also means that the China-Japan Demonstration Zone is being recognized by a growing number of Chinese and Japanese companies in the building of an innovation ecosystem.   


Established through the merger of Tokyo Tomin Bank, Yachiyo Bank, and ShinGinko Tokyo, Kiraboshi Bank serves as an efficient vehicle of Tokyo Kiraboshi Financial Group in expanding overseas market and intensifying overseas cooperation.
 
Xinming Guanjia will provide a full range of business services such as strategic management, legal affairs, finance, human resources, technical services and capital support for Japanese companies investing and developing in China, and for Chinese companies venturing into Japan, so as to promote win-win business cooperation between China and Japan.



Guided by the principle of innovation-driven cooperation, openness, and sharing, the joint venture will follow the China-Japan Demonstration Zone’s “ecosystem+platform” model to deeply integrate the industry chain, supply chain, innovation chain, service chain and other advantageous resources, provide Japanese enterprises with policy support, business environment, capital support, professional guarantee and other innovation ecosystem services, and build a platform to efficiently allocate Chinese and Japanese innovation resources and empower corporate development.
 
The two partners will work together to break new ground for bilateral business and S&T exchanges, to promote China-Japan S&T innovation collaboration and cooperative industrial development. 
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