Business
EHGO and Zhenjiang High-tech Zone to Jointly Build an AI Data Center and Supply Chain Center for Office Solutions
SHANGHAI, Jan. 13, 2025 /PRNewswire/ -- Eshallgo Inc ("Eshallgo" or the "Company") (NasdaqCM: EHGO), one of the leading Chinese office integrator, agent, and
About this update from Eshallgo Inc.
[{"type":"text","content":"SHANGHAI, Jan. 13, 2025 /PRNewswire/ -- Eshallgo Inc (\"Eshallgo\" or the \"Company\") (NasdaqCM: EHGO), one of the leading Chinese office integrator, agent, and service provider, today announced that on January 10th, 2025, Eshallgo, a company listed on the US stock market, through its subsidiary, Shanghai Yixiuge Enterprise Development (Group) Co., Ltd. (hereinafter referred to as \"Yixiuge Group\"), entered into a letter with Zhenjiang High-tech Development Group Co., Ltd. (hereinafter referred to as \"Zhenjiang High-tech\") to jointly establish a nationwide AI Data Center (the \"Center\") and Supply Chain Center in the field of office solutions, leveraging Zhenjiang High-tech's advantages in local policies, geographical location, and real estate resources. The establishment of the Center will fully utilize the advantages of data analysis to help EHGO better explore potential B-end users and transition from a traditional hardware seller to a company focusing on online sales and services on a new platform. At the same time, leveraging internet big data technology and deep extraction of data value, the Center will fully utilize AI's large data models in the field of office solutions to provide enterprises with a more professional and efficient office service experience. The Company is expected to significantly increase its market share, boost its annual revenue scale, and achieve a 100% growth in the group's overall sales revenue with the help of AI's large data models in the next two years.\n\nThe cooperation with Zhenjiang High-tech will bring numerous advantages to EHGO. Firstly, it will provide the Company with excellent industrial supporting facilities, office space resources, cost advantages in land resources, as well as abundant talent resources, laying a solid foundation for the construction of the Company's data operation and supply chain center. Secondly, Zhenjiang is located in the heart of the Yangtze River Delta, with significant advantages in transportation convenience and cost, which will help the Company reduce operating costs, optimize the selection of upstream suppliers, further improve its overall operational efficiency, and enhance profitability. The presence of EHGO will also add high-quality international elements to Zhenjiang High-tech Industrial Development Zone, enhance its international reputation, crea...