Lin Tengjiao, vice president of China Federation of Overseas Chinese Entrepreneurs and founder & chairman of the Board of Directors of Yango Holdings
"In the journey of the great rejuvenation of China, Xiamen is a fertile ground, fertile soil will cultivate towering trees", said Lin Tengjiao. The magnificent blueprint of Xiamen to become a beautiful modern international city of high quality also makes him highly excited.
In 1995, Lin Tengjiao and his partners came back China and founded Yango Holdings The company became one of world's top 500 enterprises in 2016. In April this year, Lin led a delegation to visit Xiamen and had a formal discussion with the main leading officials of Xiamen. Lin said, "As the leadership of Xiamen government said in the discussion, the development of a city's economy depends on the horizon, inclusiveness and energy of its entrepreneurs. If a city is hospitable, the investors will come naturally. We can foresee the bright future of Xiamen from CPC Xiamen Municipal Committee and Xiamen Municipal Government's emphasis on and care and support to investors".
"Xiamen Municipal Government's great emphasis on the development of hi-tech industries fits in with the development strategy of Yango Holdings. We think highly of Xiamen's solid industrial base, superb innovation environment and great development potentials", said Lin. As the saying goes, go fishing to the place where there are lots of fishes. Therefore, on the second day after the discussion, the Board of Directors of Yango Holdings passed a resolution to jointly develop "Xiamen AI Science and Technology Park" with Xiamen Municipal Government and Xiamen University and set up the "Belt & Road" international headquarters of Yango Longking Group in Xiamen."
The Phase I project of "Xiamen AI Science and Technology Park" has a planned investment of 10 billion Yuan. High-level global talents will be attracted based on Yango Holdings's advantages in business diversification, market competitiveness and scenario application, Xiamen University's scientific research and technical advantages and international topnotch strategic partnership resources. The middle-term goal is to develop a 100B-Yuan AI industry in Xiamen.
As a descendant of overseas Chinese, Lin said he took Mr. Chen Jiageng as his idol when he was young. "Life is limited. But patriotism and the spirits of Mr. Chen Jiageng will last forever".
