Suzhou Communications Investment Group and Hengtai Holding signed an agreement on Apr 11 to carry out strategic cooperation with the aim of jointly exploring new pathways for industrial upgrading and injecting new impetus into the high-quality development of Suzhou.

Suzhou Communications Investment Group, funded by the government of Suzhou, focuses on expressway operations, infrastructure investment, railway development, and integrated transport industries, while Hengtai Holding, based in SIP, specializes in commercial, industrial, and rental real estate.

For the two companies, which have been long in partnership for a number of traffic facility projects, the new agreement marks a shift toward comprehensive strategic collaboration, including green and low-carbon initiatives and smart traffic. They will make full use of their individual resources and advantages to deepen collaboration in areas such as new urban infrastructure, new energy and materials, smart transport investment, talent housing, and asset management.

April 11, 2026