Guangzhou Hengjing Zhichuang Technology Development, a subsidiary of the AI-driven drug discovery industry leader XtalPi, has announced plans to move into the Guangdian Pingyun Plaza in Tianhe, becoming a new engine for the district in driving the development of the AI industry.

The announcement was made at a digital technology industry collaborative innovation forum in the district on April 15.

During the event, Guangzhou Digital Technology Group, Guangdong Innovation Investment Development, and Guangzhou Hengjing Zhichuang Technology Development signed a strategic cooperation agreement, jointly unveiling six strategic cooperation plans.

Meanwhile, the Pingyun One-Person-Company (OPC) Innovation Community was also inaugurated. The moves reflected major progress in government-enterprise collaboration and state-owned capital in empowering business growth.

The collaboration underscores Tianhe's strategic model of government guidance, state capital empowerment, and leading enterprise-driven development, as well as its efforts to advance the deep integration of innovation, industry, capital and talent chains, which holds great significance for the development of the new quality productive forces in the district.

Representatives sign a strategic cooperation agreement at a digital technology industry forum in Tianhe. [Photo/WeChat account: tianhefabu]