DC Holdings joins hands with CMI Corporation in trillion-dollar overseas digital economy market

DC Holdings joins hands with CMI

Corporation in trillion-dollar overseas digital economy market

(Apr 27, 2021, Hong Kong) Digital China Holdings Limited (“DC Holdings” or the “Group”; Stock Code: 00861.HK) and China Mobile International Limited (“CMI”) signed a Memorandum of Strategic Cooperation to jointly explore business opportunities and provide more diverse, multi-level digital services to government and enterprise customers in Hong Kong and abroad in order for both parties to better tap the trillion-dollar overseas digital economy market.

Mr. Guo Wei, Chairman of the Board and CEO of DC Holdings and Dr. Li Feng, Chairman and CEO of CMI attended the signing ceremony and delivered speeches.  Mr. Kaiser Cheon, Vice President and General Manager, Overseas Development and Mr. Lei Liqun, Director and Executive Vice President, Chief Financial Officer of CMI signed the agreement on behalf of both parties.

Sharing future success with cooperation in ICT industry integration market

According to the Memorandum, both parties will work together across various fronts in the ICT industry integration services market including Big Data Services, AIoT Services, Smart Supply Chain Services and Security Technology Services, iSGO Platform Cooperation and MyLink Platform Cooperation, among others.

CMI is a wholly-owned subsidiary of China Mobile, mainly responsible for the operation of China Mobile’s international business.  CMI is a trusted partner that provides comprehensive international telecommunications services and solutions to international enterprises, carriers and mobile users.  DC Holdings is a leading and innovative big data technology enterprise dedicated to creating an ecosystem through its various usage models which includes its City Big Data Usage Model and Industry Big Data Model.  DC Holdings continues to develop core products to enable accelerated development of the big data industry as a whole, providing a comprehensive product and services suite to its clients as DC Holdings continues to drive digital transformation of cities and industries.

5G, big data, Internet of Things, artificial intelligence and other new technologies keep evolving every day.  With the arrival of a new era in digital infrastructure and Internet of Things, there are less information layers globally, providing more opportunities for DC Holdings to deal with the two core elements of "people" and "products".  A new pattern of “industry”, “city” and “human” integration is gradually forming, driven by smart city construction. Smart cities produce data which is subsequently captured by big data analytics and technologies utilized to propel smart supply chain services and solutions.

Both CMI and DC Holdings each play a crucial role in this new era, with DC Holdings’ leading expertise in big data technology combined with a successful and long track record of product application and deployment, and with CMI as a market leader in the telecommunications space with strong digital infrastructure deployment capabilities as well as a vast customer base. Such core elements of both parties are highly valuable and sought after in the digital economy.

As a proprietary and globally unique big data product developed by DC Holdings, “Yan Cloud DaaS” is common feature supporting the development of a potential trillion-dollar big data industry ecosystem, and is also a tool for the development of new digital infrastructure in different regions.  DC Holdings can leverage its industry expertise of over 20 years in the supply chain business to help its expansion in big data services to serve the full industrial value chain. Engaging in various supply chain service usage models, DC Holdings can build an end-to-end supply chain software product through continuous refinement of data and algorithms in its core data infrastructure, and provide intelligent data services for all types of clients.

In addition, DC Holdings' proprietary innovation capabilities also developed the world's first 4-in-1 biometric identification security product which efficiently integrates face, iris, palm vein and fingerprint identification technologies, achieving a complete non-physical contact identification which can be widely applied across many usage models such as governments, enterprises, financial institutions, industries, schools, hotels, prisons and communities.

The data generated by the connectivity between “people” and “products”, as well as between “products” themselves is rapidly increasing through deepening applications of 5G and Internet of Things.  The improvement in accuracy and speed of data integration for its application to citizens, government and industries is a crucial element in the overall big data industry development. The partnership between DC Holdings, a technology-leading big data services enterprise, and CMI, a leader in the information and communications sector, will be highly anticipated in both the city and industry big data models.