Intellective Bio Establishes Strategic Partnership with Three Major Commercial Banks-Newsroom

On 30 April 2024, Intellective Bio (Suzhou) Co., Ltd. formally entered into strategic cooperation agreements with the Agricultural Bank of China, the Bank of China and the Shanghai Pudong Development Bank for nearly RMB 2 billion towards its commercial base project. This provides significant support for building Intellective Bio's largest domestic biologics facility project.

This bank-enterprise cooperation not only provides Intellective Bio with long-term funding assurance but also marks the establishment of deep strategic partnerships with the Agricultural Bank of China, the Bank of China and the Shanghai Pudong Development Bank.

Alex Li, Chairman and CEO of Intellective Bio, stated: "We sincerely thank the Agricultural Bank of China, the Bank of China and the Shanghai Pudong Development Bank for their trust and support in our project. This cooperation will significantly help us enhance production efficiency and accelerate digital transformation. In the future, Intellective Bio will continue to increase R&D investment in biopharmaceutical technologies, contributing China's new quality productive forces to the global health industry."