In response to the national call for ‘China’s Technology Export’ and to actively explore the financial technology path of the ‘Belt and Road,’ Mr Pu Yun, CTO of Agree Technology Co., Ltd., was invited on January 22, 2024, as one of the representatives of Chinese fintech companies to attend a closed-door meeting organised by the Saudi Arabian Central Bank, Ministry of Investment, and Capital Market Authority, with support from JPMorgan and EDA Capital. The meeting aimed to promote and enhance comprehensive and segmented cooperation between China and Saudi Arabia in the fintech sector, laying the foundation and building bridges for leading Chinese fintech companies to enter and expand into the Saudi Arabian market and the broader Middle East market.

Mr. Abdulmalek Rashid - Director of Financial Services Development, Ministry of Investment, Saudi Arabia
Mr. Nayef Hassan Al-Abdulwahed - Director of Financial Technology, Capital Market Authority, Saudi Arabia
Mr. H.E. Khaled Al-Basias - Director of Financial Industry Development, Central Bank of Saudi Arabia
Mr. Pu Yun - CTO, Agree Technology Co., Ltd.

Agree Technology, a leading enterprise with significant innovation capability and competitiveness in the industry, continuously monitors and studies the development trends in finance and fintech. The company actively responds to national calls and is committed to exploring the path of ‘Chinese Enterprises Going Global’ and ‘China’s Technology Export’ under the grand strategy of the ‘Belt and Road.’ In the process of developing and expanding overseas markets, the company believes that with the vigorous development of the fintech ecosystem in Saudi Arabia and the continuous improvement of its regulatory policies, the Saudi Arabian market will become a crucial market with enormous potential for the global development of Chinese fintech companies, worthy of attention from every outstanding Chinese fintech enterprise. With the ongoing efforts of various relevant Saudi ministries, the country will continue to provide Chinese fintech companies with endless development opportunities and a promising future.

This meeting also allowed Agree Technology to gain an in-depth and comprehensive understanding of the current status, development direction, and vision of the Saudi Arabian fintech market and establish initial connections with relevant Saudi departments.

Agree Technology is committed to helping enterprises establish new growth points in value, aiming to provide all users with more convenient, secure, flexible, efficient, and high-value fintech services. With over 20 years of accumulation and deep cultivation, the company has developed numerous software products with independent intellectual property rights and a variety of flexible solutions, accumulating extensive industry experience. Continuous efforts have enabled Agree Technology to grow into a leading enterprise with significant innovation capability and competitiveness in the industry. Meanwhile, through its development and innovation philosophy and practices, Agree Technology will continue to pay attention to emerging trends and dynamics in the global fintech field, actively participate in international cooperation, explore international markets, and work with numerous domestic and international partners to promote the innovation and development of fintech.