Hunan Hi-tech Entrepreneurs Association and Changsha Hi-tech Entrepreneurs Association are the provincial level and municipal level not-for-profit organizations for Hi-tech and R & D enterprises and individuals. Changsha Association for Professional Managers is the organization for professional managers, business owners and scholars specialized in business management. Established on the same day–- December 29, 2013, these three organizations got into an agreement in February 2015 to form an alliance to collectively provide services to their members and work under a common brand name – “The Three Associations in Xiang ”with their peers and other businesses in China and overseas.
In November 2014, Mr. Johnny So, president of CIBAC signed friendship agreements with these three organizations respectively. In November 2016, another agreement was reached between CIBAC and “ The Three Associations in Xiang . According to this agreement, the two parties can use each other’s office as a platform to do business in the other country. The signing of this agreement is the milestone of the cooperation between two organizations.