Ying De Group and OXValue.AI sign MOU on cooperation aiming to boost investor confidence
June 25 – Mr Andy Han, Chairman of Ying De Group and Professor Xiaolan Fu, Chairman of OXValue.AI (OVAI)and Director of the TMCD Centre at Oxford University completed the online signing of their MOU agreement. Presided over by Professor Xiong Yu of University of Surrey and Managing Director, OVAI, the signing ceremony was attended by Professor Chas Bountra, Pro-Vice Chancellor of the University of Oxford, Professor Diego Sanche-Ancochea, Head of Oxford Department of International Development, University of Oxford, Mr. Dinis Guarda, Chairman of the Open Business Council Organization, Mr. Zhou Xiaoquan, Chairman of the Shanghai United Assets and Equity Exchange, and Dr. Kong Junmin, Chairman of CIPRUN Group.
OVAI, a platform provided by scientists from Oxford Department of International Development, University of Oxford and Technology and Management Development Research Centre, University of Oxford, and Ying De entered into this MOU agreement in the understanding that it would facilitate mutual understanding between the organisations and lead to setting up a framework for interaction and cooperation. The two sides agreed to promote a number of corporations under the framework agreement, including the provision of technical valuation services (before or after the granting of patent) to Ying De by OVAI through its early-stage valuation assessment (VEST), the use of OVAI’s valuation services by Ying De in merger and acquisition projects, the provision of fundraising and related consultancy services by Ying De to high quality projects specially selected by OVAI, and the co-organising of international events between the two companies.
The various partnerships are undoubtedly welcome news for the large pool of investors served by Ying De. With the increasing prevalence of international cross-border investment, Chinese investors require a comprehensive and objective way to determine the valuation of investment projects. The OVAI platform provides investors with a robust mechanism to assess state-of-the-art, realistic valuation information and support for their selected projects. Leveraging the strong cooperation with OVAI, Ying De will endeavour to uphold its duty of care to its investors in protecting their interests by striving to provide accurate valuation information of projects via the platform as well as professional support to the investors.