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.
The 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, create more job
opportunities, and stimulate local economic development.
Going forward, the Company will continue to uphold and implement
its development philosophy of "Innovation, Collaboration, and
Mutual Success," by actively seeking cooperation opportunities with
high-quality enterprises to jointly promote the development of the
China's office service industry
and create greater value for shareholders and society.
About Eshallgo Inc
Eshallgo Inc is one of the leading office solution providers
in China with a global vision. We specialize in two
distinct market sectors: office supply sale and leasing, and
after-sale maintenance & repair. We have created an extensive
geographical presence, which expands throughout 20 provinces
in China. Our mission is to become an office integrator and
service provider, offer competitive overall office solutions and
services, expand our service market beyond office equipment, and
continue to create maximum value for customers. For more
information, visit the Company's website
at http://ir.eshallgo.com/.
Forward-Looking Statements
All statements other than statements of historical fact in
this announcement are forward-looking statements. These
forward-looking statements involve known and unknown risks and
uncertainties and are based on current expectations and projections
about future events and financial trends that the Company believes
may affect its financial condition, results of operations, business
strategy and financial needs. Investors can identify these
forward-looking statements by words or phrases such as "may,"
"will," "expect," "anticipate," "aim," "estimate," "intend,"
"plan," "believe," "potential," "continue," "is/are likely to" or
other similar expressions. The Company undertakes no obligation to
update forward-looking statements to reflect subsequent occurring
events or circumstances, or changes in its expectations, except as
may be required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results and
encourages investors to review other factors that may affect its
future results in the Company's registration statement and in its
other filings with the SEC.
For more information, please contact:
Investor Relations:
Sherry
Zheng
Weitian Group LLC
Phone: 718-213-7386
Email: shunyu.zheng@weitian-ir.com
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SOURCE Eshallgo Inc
