Core Viewpoint - Tianji Holdings (01520) has signed a strategic cooperation memorandum with the Saudi Arabian Ministry of Industry and Mineral Resources, focusing on industrial digital transformation and smart manufacturing initiatives in Saudi Arabia [1][2] Group 1: Strategic Partnerships - The company has established a strategic partnership with the Saudi Ministry of Industry and Mineral Resources, marking a significant milestone in its strategic layout [2] - Collaboration with iFlytek (002230) is also part of the company's strategy to empower industrial upgrades [2] Group 2: Industrial Upgrades and Innovations - The partnership aims to address challenges in advanced technology and industrial innovation in Saudi Arabia, enhancing production efficiency, product quality, and competitiveness [1] - The company plans to assist Saudi Arabia in exploring Real World Asset (RWA) financing models for sustainable funding solutions for smart factories and intelligent manufacturing bases [2] Group 3: Future Development and Expansion - Future cooperation will deepen in the area of industrial city infrastructure, aiming to build a global "smart manufacturing super complex" [2] - The company is extending its digital technology capabilities from consumer scenarios to the manufacturing sector, steadily advancing its business layout in the smart manufacturing arena [2]