The official signing of an exclusive JV agreement between the highly esteemed RITS (Research Institute of Tsinghua University in Shenzhen) of the world-heralded Tsinghua University, and Compass Ventures Group took place in a ceremony held on May 4th, 2015 at RITS Shenzen head offices. Senior management of both parties participated in the signing ceremony of the agreement, which further deepens the ties between RITS and Compass. This agreement sets out the form of cooperation and exclusive representation by RITS and Compass, with the purpose of creating a local presence for both parties in their counterpart’s region, and synergizing between both parties’ capabilities and leading positioning to form joint ventures and a bridge between Israeli and Chinese innovation and technology in a broad area of activities. The main areas of activity which the collaboration shall initially focus on shall be environment, energy, agriculture & aquaculture, homeland security, robotics, automotive, medical devices and solutions, and others.
