Shenzhen-based company Zhongxing Capital and Zhongshan-based company Datang Shengshi signed a strategic cooperation agreement in Zhongshan's Fusha Town on April 10.

The two sides will cooperate in high-end fields such as 5G communication, and jointly build the Zhongxing Environmental Industry Base in the town. 

The base is anticipated to create 1,000-plus jobs and generate an annual tax revenue of over 100 million yuan.

Zhongxing Capital, an affiliated enterprise of ZTE Corporation, is specialized in investing in 5G communication, smart manufacturing, environmental technology and other fields.

Datang Shengshi is a leading full-chain industrial ecosystem service provider in the Greater Bay Area, operating industrial parks with a total area of one million square meters, including two in Fusha.