August 13, 2022
Xingji Era, which is owned through Chinese language auto large Geely, and smartphone model Meizu

Xingji Era, which is owned through Chinese language auto large Geely, and smartphone model Meizu held a strategic funding signing rite in Hangzhou on Monday. Underneath the association, Xingji Era will dangle 79.09% of the controlling stocks of Meizu, gaining impartial keep an eye on.

After this strategic funding, Meizu will proceed to function as an impartial model. Huang Zhang, the founding father of Meizu, holds 9.79% fairness, and can proceed to give a contribution to the improvement of the company as strategic marketing consultant of Meizu merchandise. The senior control workforce of the smartphone corporate will stay solid.

Shen Ziyu, Vice Chairman of Xingji Era, is to develop into the brand new chairman of Meizu. The manager mentioned: “It is going to proceed to deal with an impartial model and workforce, and can free up brand-new merchandise subsequent yr. There is not any struggle between Xingji Era and Meizu on product making plans for Xingji targets on the high-end smartphone marketplace. With the energy of Meizu, Xingji Era can temporarily expand merchandise, so each events will cooperate carefully. Xingji Era will proceed to speculate sources in product inventions, equivalent to XR, AR and AI.”

After strategic funding, Meizu gets extra make stronger from business chain and ecological sources. It is going to not be only a cell phone corporate. Xingji Era believes that Meizu has a profound ancient accumulation within the cell phone trade, particularly within the running gadget box. Via strategic funding, they are able to toughen marketplace competitiveness and boost up the full strategic implementation of Xingji Era.

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Xingji Era specializes in the R&D of top of the range smartphones, XR generation merchandise and wearable sensible merchandise and ecological building. Chairman Eric Li mentioned that technologically innovation and ecological integration between the patron electronics trade and the car trade are crucial. One day, the sensible automotive and smartphone industries shall be built-in, which will create an ecological chain for customers to appreciate deep collaboration.