Createtime: 2021-04-13

On April 13, Guangdong Juou Cloud Control Technology Co., Ltd., a wholly-owned subsidiary of Greatoo, and Jieyang City Investment and Construction Group Co., Ltd. held a grand equity investment signing ceremony. Chen Songchuan, chief engineer of the Municipal Bureau of Industry and Information Technology, Lin Yitao, chairman of Jieyang Investment Holding Group Co., Ltd., Cai Xuhui, chairman of Jieyang City Investment and Construction Group Co., Ltd., Wu Chaozhong, chairman of Greatoo Intelligent Equipment Co., Ltd., Guangdong Juou Cloud Control Technology Co., Ltd. and executive director Wu Hao attended the signing ceremony.

It is reported that Jieyang City Investment Group was entrusted by the Municipal Bureau of Industry and Information Technology to invest 96.03 million yuan in the development of advanced equipment manufacturing in Guangdong Province in the form of equity investment in Guangdong Juou Cloud Control Technology Co., Ltd., a wholly-owned subsidiary of Greatoo, for the purpose of investment, and the construction of "Industry 4.0 Industrial Base Phase II Project". After a series of due diligence, negotiation and communication between the two parties, the current shareholding ratio, investment conditions and guarantee measures have all reached consensus, and the signing ceremony has been successfully completed.

After the signing ceremony was completed, Chen Songchuan, chief engineer of the Municipal Bureau of Industry and Information Technology, stated that the promotion of the equity investment project of the "Industry 4.0 Industrial Base Phase II Project" of Guangdong Juou Yunkong is to implement relevant policies and measures of the provincial party committee and the provincial government on small and medium-sized enterprises, private enterprises and the municipal committee, as well as the spirit of the Eleventh Plenary Session of the Sixth Session and the specific measures of the city’s entrepreneurial work forum. It is of great significance to sup

porting the development of private enterprises. The completion of the project will play an important role in improving the development level of advanced equipment manufacturing in our city. It is hoped that the signing parties will earnestly fulfill the relevant provisions of the agreement, work together, and make good use of the provincial-level special project for promoting high-quality economic development (industrial enterprise transformation and upgrading) advanced equipment manufacturing development equity funds; It is hoped that Greatoo and Guangdong Juou Cloud Control Technology Co., Ltd. can accelerate the construction of the project, invest and promote production as soon as possible, and promote the development of Jieyang's industry based on the work goals proposed by the main leaders of the municipal party committee during the investigation of Greatoo.

The "Industry 4.0 Industrial Base Phase II Project" was invested and constructed by Guangdong Juou Cloud Control Technology Co., Ltd., a wholly-owned subsidiary of Greatoo, and will build various steel structure workshops, pilot workshops, assembly workshops, R&D centers, laboratory buildings, and related supporting facilities, and introduce various advanced manufacturing, processing, and inspection and testing equipment. After completion, they will interact with the previous projects to form an organic whole, to jointly build a comprehensive high-tech industry platform with high-quality development as the main line.