Good News！ The Opening Ceremony And First Board Meeting of The Joint Venture Company Jointly Invested by Zhaolong Interconnect And GG Group Have Been Successfully Held.

On July 22nd, GG Wires Technology (Shanghai) Co., Ltd., a joint venture (hereinafter referred to as "JV") invested by Zhaolong Interconnect(Hereinafter referred to as "ZL") and Greiner Group(Hereinafter referred to as "GG", successfully held its opening ceremony and first board of directors meeting in Jiading District, Shanghai City, China.

This ceremony marks the official operation of the joint venture, representing a key progress in the deepening strategic cooperation and industrial chain synergy between the two companies. This achievement not only creates a shared space for the strategic ambitions of both parties but also lays a solid foundation for innovation, quality, and long-term success in China's automotive data cable market.

The atmosphere at the opening ceremony was warm, with representatives from both Greiner Group and Zhaolong Interconnect witnessing this moment together.

At the opening ceremony, Mr. Bode, GG CSO and JV Shareholder Representative and Board Member, and Yao Jinlong, Chairman of ZL, delivered speeches respectively.

Mr. Bode reviewed the preparation process of the joint venture and shared the company's future development vision. He emphasized that the cooperation between Greiner and Zhaolong is not just the signing of a contractual agreement, but a commitment based on mutual trust, common growth, and responsibility. The integration of GG's technical expertise and ZL's excellent manufacturing capabilities will inject "tailor-made" solutions into the joint venture, committed to setting new standards for next-generation automotive connectivity and data infrastructure in the Chinese market, and expressed gratitude to all supporters.

Mr. Yao Jinlong, Zhaolong’s CEO and JV Shareholder Representative, delivered a speech, expressing his gratitude to the founding family of Greiner and its professional team for their insightful vision and sincere cooperation. When reviewing the cooperation process between the two parties, he mentioned that the establishment of this joint venture is an important measure for ZL to expand its industrial chain and strengthen technical synergy, and more importantly, it is the practical implementation of the cooperation goal of "resource sharing and complementary advantages" between the two parties. The joint venture will focus on high-standard data cable solutions for the automotive industry. Mr. Yao Jinlong also looked forward to the strategic blueprint of the joint venture in the field of automotive intelligence and expressed his expectation for both parties to work together to create brilliance.

After the opening ceremony, Sebastian Bittner(Mr. Wen Bo), GG MD China and Chairman of the board of the JV, officially announced the opening of the first board of directors meeting of the joint venture. The board members of the joint venture gathered to conduct in-depth discussions on the company's strategic direction and long-term development plans, and the meeting successfully completed all agendas. Mr. Bode emphasized at the meeting that the joint venture will always adhere to the core concept of "customer orientation", focus on business innovation and capability upgrading, and strive to create value for customers; at the same time, the company will optimize the operating system, improve operational efficiency, and create long-term value returns for shareholders.

The successful holding of the opening ceremony and the first board of directors meeting of the joint venture not only laid a solid foundation for the company's subsequent development but also injected new momentum into the automotive data cable industry.