• Ewpartners has invested USD 50 million in Lenovo’s supply chain arm, Leshines, marking the first deal under Ewpartners Fund II and establishing a Saudi-Asia cross-border platform. 
• The investment will accelerate Leshines’ localization in Saudi Arabia, with plans to expand into the KSA-Sino Logistics Special Economic Zone at King Salman International Airport.
• Ewpartners’ project is expected to attract over 3,000 wholesalers, retailers, and 200 manufacturers, with additional funding of USD 150 million secured from the Oman Investment Authority and other GCC sovereign wealth funds.

Ewpartners Invests USD 50M in Leshines

Ewpartners, an international investment firm, has invested USD 50 million in Leshines, Lenovo’s supply chain solutions arm. This marks the first deal under Ewpartners Fund II and establishes a pioneering Saudi-Asia cross-border platform.

Accelerating Localization

Furthermore, the investment, announced at the Future Investment Initiative (FII), will accelerate Leshines’ localization efforts in Saudi Arabia. Just five months earlier, Lenovo and PIF-backed Alat unveiled a USD 2 billion strategic collaboration.

Ewpartners’ project is expected to attract over 3,000 wholesalers, retailers, and 200 light industrial manufacturers from China and Asia.

As ties between China and the Middle East strengthen, Ewpartners’ investment strategy is gaining recognition among key regional stakeholders.

Expansion into Saudi’s Logistics Hub and Broader Market Impact

Furthermore, Leshines is also considering expanding into the KSA-Sino Logistics Special Economic Zone at King Salman International Airport in Riyadh.

Additionally, this initiative, revealed by the Saudi Ministry of Transport and Logistics, spans four square kilometers and will feature logistics, industrial, and international business parks.

The zone will also allow global companies to manufacture in Saudi Arabia and distribute products worldwide.

Jerry Li, Founder and Managing Partner at ewpartners said: “This investment is also a significant step towards building the future of Saudi Arabia that we all envision, and we are actively working to establish this goal.

Ewpartners and Leshines to Boost Saudi Arabia’s Industrial Growth

“Our investment in Leshines underscores our commitment to this project and our determination to foster local industrial growth. By partnering with Leshines to bring advanced supply chain solutions to Saudi Arabia and the MENA markets, we further assist Chinese companies in exploring localized production and empower local enterprises, aligning with the Kingdom’s Vision 2030.”

Moreover, Alan Zhou, COO of Leshines, commented: “As Lenovo’s smart supply chain solution platform, Leshines will take this opportunity to establish roots in Saudi Arabia, focusing on the MENA region…

“As a globally leading strategic fund, ewpartners’ strategic resources and unique advantages in KSA, the Middle East, and emerging markets… “With solid support and a strong partnership with ewpartners, we are confident that Saudi Arabia will become an important node in the Smart Supply Chain Platform.”