LZMH and Chain Jie Technology signed a cooperation agreement on blockchain community advertising business

On the afternoon of May 15, 2018, LZMH Network Technology Co., Ltd. (hereinafter referred to as "LZMH") and Chain Jie (Guangzhou) Technology Co., Ltd. (hereinafter referred to as "Chain Jie Technology") officially signed a contract in Wuxi to jointly carry out community advertising business cooperation based on blockchain.

Founded in September 2014, LZMH focuses on the construction of smart communities, launching a one-stop diversified community service sharing platform, covering a large number of middle-class customer groups, and locking in the main force of community purchases. Its advertising value is highly favored, and it has stable advertising cooperation customers in many fields such as entertainment, tourism, sports, automobiles, and housekeeping.

At present, LZMH has operated in more than 40 cities across the country, entered more than 1,500 middle and high-end urban communities, installed 35,000 IoT portal screens, covered 1.5 million high-quality urban family users, and established stable cooperative relations with major customers such as Huiyuan, Bright, Daodaoquan, Jinzai, Mercedes-Benz, Tuniu, Suning.com, Gree, and China Telecom. At the same time, LZMH cooperates with Baidu on DSP advertising platform business, carries out strategic cooperation with Industrial and Commercial Bank of China, Changyin 58, etc. in community finance, and conducts in-depth agency cooperation with powerful advertising companies in various cities.

Recently, LZMH announced the completion of a 58 million yuan financing, with a valuation of 658 million yuan, jointly invested by Wuxi state-owned high-tech investment institutions and Qianhai Zhixing Capital. LZMH said that this financing will be mainly invested in the continuous research and development of the Internet of Things access control system, a larger area of product laying and team building.

Chain Jie (Guangzhou) Technology Co., Ltd. is a blockchain industry solution company established in Guangzhou, focusing on the application of blockchain in community advertising and related industries, and is committed to using blockchain to integrate, optimize, and transform traditional industries, and promote the implementation of socialized blockchain applications.

Chain Jie Technology has gathered a top-notch senior blockchain development team, has a forward-looking grasp of the development of blockchain technology and industry direction, and has strong development and implementation capabilities for industrial applications. This strong alliance with LZMH, while promoting the rapid implementation of blockchain advertising business applications, has the ability to set a classic benchmark case for related industries and make positive contributions to the industrial development of blockchain.