TD Holdings, Inc. (GLG) has seen an increase of 13.35% in the aftermarket because the company announced that it has been awarded one of the 2021 Top 30 Industrial Internet Listed Companies. However, the last trading session closed at $ 0.2382 with a decrease of 11.02%.
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2021 Top 30 Industrial Internet Listed Companies – What’s this?
GLG announced on 24th January 2022 that it has been granted as one of the 2021 Top 30 Industrial Internet Listed Companies in China. This award was presented to the company in Industrial Internet CEO Sanya Summit and Venture Capital event. The company is grateful to the Event’s organizers for awarding them with this award and demonstrating that the Company has also rapidly improved its brand awareness in order to access more opportunities and future collaboration in the industry.
In the future, GLG will continue to improve the competitiveness, encourage development through the branding advantage, pursue a more comprehensive development roadmap in the field of commodities trading, and generate long-term value for the shareholders.
New Strategic Alliance – Updates
On 22nd December 2021, GLG reported that it has signed a strategic agreement with Shanghai Eagsen Intelligent Technology Co., Ltd. It is a leading business in automobile information and intelligence research and development. The Company and Eagsen have agreed to collaborate on the development of an intelligent automotive system and a digital cloud warehouse.
Moreover, Eagen promises to offer advisory services for the development of an intelligent automotive system based on its automobile communication technology, in exchange for the Company providing the required financing. Both parties will own the intellectual assets created as a result of their collaboration. Not only this but in the future, the parties want to sign a comprehensive agreement outlining the parameters of their partnership.
Now what?
Eagsen is a very capable collaborator, and the Company’s intelligent automobile system application developers will benefit from his expertise. This is a big step forward for the new potential company in intelligent auto systems and cloud warehousing platforms. The company believes that by developing a strategic partnership, both of them will be able to gain market leadership and expand the market share in the automobile industry.
