On October 11, 2024, New York - Mr. Sinclair Lyu, CEO of Hurun Report, led a team to visit iLead Group and its affiliated iLead Law Group in the United States, the two sides had in-depth exchanges on future cooperation. This meeting focused on wealth management in the North American market and the preparation of Hurun New York Unicorn Fund for discussion, especially the cooperation between iLead and Hurun in high-end customized services such as the landing of the descendants of ultra-high net worth people in the Asia Pacific region in the United States, international tax avoidance, global equity design and family office setting.
Mr. Lyu introduced in detail the expansion strategy of Hurun Report in the North American market at the meeting, and expressed the hope to further expand its business in the United States by helping the ultra-high net worth people in the Asia Pacific region realize asset globalization. Adam Chen, Chairman of iLead, Colin Miao, CEO, and COO Siemson Yang as well as many financiers, entrepreneurs, and legal experts actively participated in the negotiation.
The two sides focused on how to better provide all-round international services to more than 4,000 entrepreneurs with a net asset value of more than 5billion yuan (about 680million US dollars) on the Hurun Report. Mr. Lyu expressed high expectations for future cooperation and proposed that the two sides could jointly build a high-end service platform focusing on the North American market based on these top entrepreneurs. Adam Chen, Chairman of iLead Group discussed the construction of a global equity structure, CEO, Colin Miao addressed the cooperation opportunities with Wall Street's capital markets, and COO Siemson Yang highlighted the unique platform advantages of the Fifth Avenue Entrepreneurs Club.
After the meeting, the two sides further discussed the specific implementation steps of the cooperation and reached a consensus to start the project as soon as possible. iLead and Hurun Report both said that through this strong cooperation, they would jointly provide comprehensive and customized wealth management services for ultra-high net worth customers and jointly create a win-win situation.