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South China Business Journal

COVER STORY

Members of the delegation visit local automated distribution center

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Copyright 2015 San Antonio Express-News, reprinted with permission

SAN ANTONIO BUSINESS ties to China certainly are million investment in one of its four San Antonio eye care clinics
stronger today than they were a week ago, thanks to a operated by the university’s Rosenberg School of Optometry,
visiting delegation of billionaire South Chinese executives. Agnese said.

People associated with the delegation were up until midnight Li’s Aier Eye Group/Aier School of Ophthalmology, with 7,000
Thursday writing memorandums of understanding to be signed doctors, and UIW each will invest $4 million in a new eye care
before the Chinese executives leave San Antonio this weekend. clinic in the Rio Grande Valley.

Perhaps the biggest deal signed Friday involves the University of “That’s $14 million. If that all works out, UIW will send its
the Incarnate Word. fourth-year optometry students to China for internships. We
also will become 50-50 partners for new eye clinics in Texas.
UIW President Lou Agnese Jr. signed an agreement with Li Bin, This is a wonderful opportunity,” Agnese said before signing the
a shareholder in a chain of 80 Chinese eye-care hospitals. paperwork at a Mexico Group monthly breakfast held at Pico de
Gallo restaurant by the Free Trade Alliance San Antonio, which
Li, who also is president of Guangdong Material Fuel Co. Ltd. is the host for the Chinese delegation.
in the Guangdong province near Hong Kong, will buy UIW’s $6

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