Evergrande Group saw its sales exceed 2000.9 billion yuan last year, up 34.2 percent year on year. Late last month, the company said it will tap into high-tech sectors to complement its property, cultural tourism, and health businesses.
BEIJING, April 9 (Xinhua) -- Chinese real estate conglomerate Evergrande Group has partnered with the Chinese Academy of Sciences to invest in high-tech sectors, the company announced Monday.
The two parties will build three bases to attract and nurture top scientists and promote research and development as well as industrialization of research findings.
Investing in high-tech sectors is a major strategy for Evergrande Group to become a sustainable development enterprise, said Xu Jiayin, board chairperson of the Hong-Kong-listed company.
The company plans to invest about 200 billion yuan (15.84 billion U.S. dollars) in the next decade in sectors including life sciences, aviation, quantum science, new energy, artificial intelligence, robotics, and modern agriculture.