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Recently, China Bester and Zhejiang Dahua Technology Co., Ltd. (hereinafter referred to as Dahua Tech, stock code:002236) signed a strategic cooperation agreement in Zhejiang to establish a comprehensive strategic partnership for the development of AI, 5G, IoT and other technologies. Yang Hong, GM of Integrated Customer Development Department of Dahua Corp. Domestic Marketing Center, Tang Haibin, Dean of 5G Information Research Institute of China Bester, and other leaders of both parties attended the signing ceremony.

The two parties had a candid exchange on the strategic cooperation, and the leaders of both parties successively delivered speeches, expressing their sincere wishes and earnest expectations for this cooperation.

Mr. Yang extended a warm welcome to the arrival of the Bester Group and conducted in-depth exchanges on how the IoT and 5G technology can help the construction of smart parks, smart communities, smart transportation, and smart cities. He said that Dahua will continue to improve the cloud edge product system based on its advanced video IoT capabilities, industry solution development capabilities, and intelligent technology innovation capabilities. In the future cooperation, it is hoped that the two parties can deepen cooperation in the areas of smart transportation, smart parks, smart cities, cloud services, etc. centering on 5G technology, and contribute to the development of smart cities.

Mr. Tang fully affirmed Dahua's products and solutions, and is full of confidence in Dahua's future development. He said that as a high-tech enterprise specializing in communication network technology services, China Bester has unique advantages in 5G network construction and industry applications. He hopes that in future cooperation, both parties will be based on innovation, seize opportunities, and apply industry integration in the wave of the times, jointly discuss, research, and implement industry technologies and solutions, enhance corporate competitiveness, build bright projects, and empower the development of social informatization.

The two parties hope to take this signing as an opportunity to actively leverage their respective advantages, collaborate, and strengthen market cooperation through deep integration of products and technologies, build a more sound ecosystem, and comprehensively promote industrial development and industry progress. At present, the two parties have established a special working group to actively coordinate cooperation matters, deepen cooperation at home and abroad, and promote the implementation of projects.