Y3 Technologies, Shandong e-Hualu ink partnership on China projects
Y3 Technologies of Singapore has entered into a strategic framework cooperation agreement with Shandong e-Hualu Information Technology, to enhance regional connectivity and enable seamless flow of products on a mega scale with speed, accuracy and reliability.
The partnership will leverage Shandong e-Hualu’s know-how in smart city solutions and local market context and Y3 Technologies’ innovative pedigree and domain expertise in supply-chain technology and omni-channel solutions.
Under the agreement, both parties will start pilot projects in the Chinese cities of Jinan, Ganzhou, Xuzhou, Dezhou, Penglai, Yiwu and Linyi.
In line with the One Belt, One Road Initiative, the focus of the projects will be to readily unlock opportunities to elevate the standard of supply chain and logistics services through technology.
“We are looking forward to this new strategic framework cooperation with Shandong e-Hualu Information Technology as the development of the logistics and supply chain ecosystem coupled with the evolution of smart cities in the world’s largest market will help contribute to the success of the One Belt, One Road initiative,” said Marc Dragon, CEO of Y3 Technologies.
“Through this cooperation, we will continue our commitment to providing our technological and technical expertise to enhance connectivity on a city-wide as well as regional scale,” said Dragon.
The two-year partnership agreement combines the respective capabilities of both parties to explore enterprise and government cooperation, which will promote the rapid development of the One Belt, One Road Initiative.