Strategic cooperation agreement with IT Care

RNS Number : 5769Q

Golden Saint Technologies Limited

20 February 2019

 

For immediate release: 20 February 2019

Golden Saint Technologies Limited

("GST" or the "Company")

EMS signs Strategic Cooperation Agreement with IT Care (Shanghai Listed)

EMS Wiring Systems Pte Ltd (EMS), a wholly owned subsidiary of GST, signed a Strategic Cooperation agreement with IT Care Ltd (a Shanghai listed public company operating in the ICT Infrastructure and technology development space).

As part of its overall strategy, GST partners with significant players in the ICT Infrastructure industry to enhance networking and to increase its product offering.  As part of this cooperation agreement, IT Care and GST will be sharing marketing and potential client information to benefit both businesses.  GST will also assist IT Care with the execution of projects outside of China.

IT Care has developed cutting edge hologram technology with their patented HoloFan hologram invention.  GST will be adding the HoloFan product to the services it offers to ICT clients.  A hologram is the latest technology that enhances a business' presentation of its products to consumers, without the high cost of actual demonstration models.

Pierre Fourie, Group Managing Director of GST, commented: "The company is delighted to partner with such a prestigious Chinese business. This partnership will enable GST to increase shareholder value through innovative product offerings and strong networking."

About GST

GST builds on the profitable ICT business of its Singaporean subsidiary EMS Wiring Systems, which has been supplying governments and large private organisations with intelligent building solutions for the last 28 years. GST's strategy is to develop solutions to meet the needs of the ICT industry, acting on the surging opportunities in the technology and innovation sectors - Data Centres, Intelligent Buildings, Smart Cities and the Internet of Things - and particularly targeting emerging markets where the demand for ICT infrastructure is increasing rapidly.

For more information: www.goldensaint.com/media/

For more information on IT Care: http://jinlanluo.com.cn 

ENDS

Enquiries

The Company
Pierre Fourie, Managing Director	London	[phone]
	Australia	[phone]
Tone Goh, Executive Chairman	Singapore	[phone]
Investor Relations
Cassiopeia - Stefania Barbaglio	London	[phone]

 

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