Greenland invests in Chengyun International、Tuya M88 app joins hands with unicorns to accelerate upgrades

Technological innovation builds core competitive advantages and comprehensively transforms into an "M88 app"

June 10，Greenland Group invested in two more "unicorn" companies in one day: it signed a contract with Chengyun International Co., Ltd. ("Chengyun International"), a leading urban Internet company，Greenland 300 million yuan strategic investment in Chengyun International，After investment, the shareholding ratio is 16%，Become the second largest shareholder；Signed a contract with Hangzhou Tuya Information Technology Co., Ltd. ("Tuya Intelligence" for short), the world's largest independent third-party artificial intelligence + Internet of Things platform，Greenland invested as a strategic investor and became its important shareholder。Greenland will also adopt a dual-line model of “financial investment + industrial strategic cooperation”，Establishing joint ventures with two major “unicorn” companies，In M88 app cities、M88 app Town、M88 app Community、M88 app House、M88 app Office、M88 app Hotel、Carry out comprehensive high-quality strategic cooperation in M88 app parks and other fields，In providing multi-level, multi-industry and rich application scenarios to support Chengyun International、Tuya Intelligence realizes deep expansion of core business、While landing quickly，Accelerate the comprehensive transformation of Greenland itself as an "urban construction operator"。

Chengyun International is an innovation-driven urban Internet leader，Committed to providing consulting and customization for urban customers、Architecture implementation、One-stop service for cloud-based operations，Its cloud brain platform and a complete set of M88 app industry joint solutions are widely used in the domestic market，Leading the development trend of M88 app city operation industry。This strategic cooperation，Greenland and Chengyun International will use the integration of the Yangtze River Delta as the stage，With the development goal of building China’s new M88 app city empowered by technology，Make full use of green space capital、Market advantages and Chengyun International’s technology、Construction and operation advantages，Focus on artificial intelligence、In-depth cooperation in big data and other core technology industries。At the same time，Greenland Technology Innovation Company will establish a joint venture with Chengyun International，Equity ratio Greenland 80%、Chengyun 20%，Promote urban areas at all levels、Integrated solutions for M88 app empowerment in various property fields、Operation management is fully implemented。In addition，Greenland and Chengyun International、Zhejiang University plans to establish a school-enterprise cooperation research institute in Shanghai，Promote technical support and industry collaboration around greenland real estate and diversified businesses，Perform M88 app city management、Research on M88 app community management, etc.。

Tuya M88 app is the world’s largest intelligent platform technology company，Artificial Intelligence + Internet of Things (“AI+IoT”) Developer Platform,It is also the world’s top-ranked voice AI interaction platform，Providing one-stop artificial intelligence IoT solutions。According to cooperation agreement，Greenland and Tuya M88 app will fully cooperate in the following areas: M88 app home，Carry out research and development of customized M88 app home products and solutions，Comprehensively improve users’ whole-home M88 app experience，Achieve Greenland’s technological leadership and market leadership in product systems；M88 app Community，Carry out research and development of customized products and solutions for M88 app communities (property)，Realize data integration and intelligent management of the community；M88 app Building，Explore the application of Tuya IOT technology in greenland multi-business projects，Promote the implementation of the pilot；M88 app Town，In new town、Special Town、In park development and other projects，Explore joint development、Joint Construction、Joint operation cooperation model，Improve overall planning、Construction and operation capabilities；Joint Innovation Center，In M88 app home、Carry out cutting-edge technology research and program output in artificial intelligence and other fields。Currently，Two M88 app real estate projects cooperated by both parties have been implemented，It will also be commercial real estate in the future、A series of projects such as hotel apartments and high-end residences create a closed-loop M88 app living service。

“Thinking about development for the future、Embracing technology to build advantages”，M88 app is developing a new round of innovation and transformation，Embrace "new technology", transform into "new species", and get a head start on the "new future"，Already effective。Chairman of M88 app Group、President Zhang Yuliang said，Currently，M88 app Technology Strategic Cooperation、Carrier construction and operation,Invest in science and technology innovation projects，To empower with innovative technology，Gradually built a huge scientific and technological innovation and development system with distinctive characteristics，Seize a favorable terrain for enterprises to win future market competition，Also contributed to the construction of Shanghai Science and Technology Innovation Center and the innovation-driven development of China’s economy。