Riyadh, Saudi Arabia – September 11, 2025 – Mr. Wei Jianhua, Chairman of CCUI, and Mr. Abdullah Alajlan，Chairman of Al-Ajlan Global, jointly signed an agreement to establish a USD 300 million equity investment fund. Managed by CCUI, the fund will focus on high-quality projects in cutting-edge technology sectors worldwide, including artificial intelligence, new energy, and the broader semiconductor industry.
Prior to the signing ceremony, the two parties visited Mr. Majed Rafed Al-Argoubi, CEO of the Saudi Authority for Industrial Cities and Technology Zones (MODON). As a core implementing agency of Saudi Arabia’s economic diversification strategy, MODON has built an ecosystem covering strategic industries such as petrochemicals, advanced manufacturing, and biopharmaceuticals through the specialized operation of more than 36 industrial cities. During the meeting, the parties engaged in in-depth discussions on industrial cooperation opportunities under Saudi Vision 2030 and exchanged views on pathways for integrating Chinese industries with Saudi Arabia’s local industrial upgrading. The meeting laid a solid foundation for CCUI’s future industrial cooperation and investment deployment in Saudi Arabia and the broader Middle East.
Al-Ajlan Global is one of the largest companies in Saudi Arabia, with diversified businesses spanning trade, real estate development, industry, petrochemicals, healthcare, technology, artificial intelligence, and food across more than 10 countries in the Middle East, China, and Europe.
The partnership between CCUI and Al-Ajlan Global marks strong recognition by leading Middle Eastern enterprises of CCUI’s fund management capabilities and represents a significant milestone in the company’s internationalization strategy.
CCUI remains committed to its values of professionalism, prudence, and co-creation. Leveraging its global perspective and localized operational strengths, the company will continue to deliver long-term sustainable returns for investors, actively promote technological innovation and industrial upgrading, and contribute to the global green transition and digital development.
