On November 16, 2020, Madison IPOF and the China Enterprise Listing Incubation Center (Central Enterprise) Global Listing Accelerator Group formally signed a strategic cooperation agreement in Shenzhen, a special economic zone in China. This agreement is between Madison IPOF President Duan Xiao and the Global Listing Accelerator Group Co-signed by Managing Director Niu Jin. The two parties will cooperate in depth in the innovation of corporate global listing models and financing models to help Chinese companies move towards the global capital market with standardization, innovation, and processization, and help companies develop healthily and rapidly with a global strategy and vision.