Zioncom Holdings Limited and China Cloud Datebases Investment Group Co., Limited Enter into Strategic Cooperation Agreement

The board of directors of Zioncom Holdings Limited announced that the company and CHINA CLOUD DATEBASES INVESTMENT GROUP CO., LIMITED (China Cloud) recently entered into a strategic cooperation agreement. According to the Strategic Cooperation Agreement, both parties agreed to establish a comprehensive strategic partnership based on principles of "honesty, credibility, equality, mutual benefit, resource sharing and long term cooperation and mutual development. The company shall provide information on the production, and research and development relating to routers and China Cloud shall use its own distributed storage services, network security technologies and sales channel to jointly create a high quality distributed storage platform.

The Company shall combine such technologies to upgrade existing equipment, increase production scope, enhance commercial penetration and competitiveness. The parties agreed to hold senior management meetings from time to time and to assist each other in market development and provide relevant industry information and consulting services based on their own business scope and characteristics. The company has long been engaged in the sales and manufacturing of electronic manufacturing service products, branded products and original equipment products, and has been committed to exploring the production transformation of network equipment products.

The company is optimistic about the application prospects of related routers in distributed storage and network security, and intends to introduce related technologies or seek related partners to expand the company's production scope, develop router security gateway technology and additional storage equipment functions, and explore new markets for sales of next generation of electronic manufacturing service products and original equipment products.