LZMH and YOYOCELL Tianshang Alliance Hold a Strategic Cooperation Signing Ceremony

On the morning of October 24th, LZMH and YOYOCELL Tianshang Alliance officially held a strategic cooperation signing ceremony at the LZMH headquarters in Xiamen. Mr. Zhang Andong, Chairman and President of LZMH, Mr. Cai Jinfa, Chairman of YOYOCELL, and key leaders from both sides attended the signing ceremony. It is understood that the first phase of the cooperation will be based on the LZMH mall platform to establish a "Global New & Unique Mall," which will feature the world's newest, most creative, and practical products.

LZMH is the first mobile internet home life service platform in China that relies on its independently developed "Internet Access Control Intercom Building Video Terminal + Mobile APP". At the signing ceremony, Zhang Andong introduced that LZMH is currently targeting 42 key first- and second-tier cities across the country, striving to create an "O2O + Community" service industry chain. The ultimate goal is to become the most popular internet service sharing platform for home life in the country.

At the signing ceremony, Mr. Cai Jinfa, Chairman of YOYOCELL, introduced that YOYOCELL is a leading domestic provider of omni-channel retail terminal services and a leading brand in supporting e-commerce services. It has been a "Gold Taobao Partner" of Alibaba for four consecutive years and is a strategic investment enterprise of Alibaba. YOYOCELL has the ability to provide omni-channel ERP system services, exporting omni-channel business solutions for various industries. It can also provide a three-in-one omni-channel retail service based on the Internet and the Internet of Things, helping merchants and enterprises create new all-powerful sales "terminals"; and interconnecting the product and customer information of the terminals, ultimately achieving a shared economy model for retail space.

According to reports, LZMH has been deeply involved in communities for many years, controlling the closest consumption decision-making places, and integrating property management, merchants, owners, and the platform. It provides owners with a variety of goods and services for home life, as well as platform support and user volume guarantees, which has attracted YOYOCELL. At the same time, LZMH's "Residential Health and Safety Platform," in addition to smart access control and internet intercom functions, also has service content closely related to the essential needs of owners, such as "neighborhood mutual assistance," "property services," and "life's know-it-all," which directly address the pain points of property management and other hidden needs, enhancing user stickiness. Its business resources are stable and developing steadily, which has further strengthened YOYOCELL's confidence in cooperation.

Zhang Andong stated that LZMH expects to complete the expansion work in 200 cities within three years. By then, LZMH will cover 30,000 communities across the country, locking in 20 million middle-class families in mainstream Chinese cities and influencing home life consumption decisions with an annual scale of over 200 billion yuan.

LZMH deeply recognizes that to become bigger and stronger, it needs strong partners for a powerful alliance. YOYOCELL's advanced omni-channel concepts, powerful front-end and back-end technology, rich practical experience, and its history of helping thousands of merchants, enterprises, and platforms transition from traditional retail to omni-channel, achieving retail transformation, are exactly what LZMH needs and are an important breakthrough in its development. The two sides hit it off and decided to cooperate and complement each other's resources!

After the signing of the strategic agreement, the two parties will join forces in the "O2O + Community" field, continuously deepen cooperation, target the middle-class home consumption group, carry out cooperation around home life consumption, and provide community residents with a new "Internet + home life" experience that is convenient for shopping, has high-quality products, and offers reliable services.