IngDan Experience Center Launched in Zhongguancun Science Park

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October 14, 2015
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IngDan Experience Center Launched in Zhongguancun Science Park

Number of IoT Project Entries Doubled within 3 Months

HONG KONG, Oct. 14, 2015 /PRNewswire/ -- Cogobuy Group ("Cogobuy" or the "Company," stock code: 400.HK), the largest e-commerce platform serving the electronics manufacturing industry in China, is pleased to announce that INGDAN.com, the Company's intelligent hardware innovation platform, has officially launched its IngDan Experience Center in Hailong Market in Beijing's Zhongguancun Science Park ("Zhongguancun"). This is the Company's second offline intelligence hardware experience center that is launched after its original location in Shenzhen. Through the IngDan Experience Center, INGDAN.com will help intelligent hardware startups in Zhongguancun take their business online. A third IngDan Experience Center will also be launched in Shanghai in the future.

In March 2015, Zhongguancun has introduced 29 new policies to facilitate the development of the intelligent hardware industry and better serve the intelligent hardware industrial cluster. By 2017, revenue from the industry is expected to reach over RMB500 billion and become one of the most influential global intelligent hardware industry groups.

Over the past three months, the number of intelligent hardware projects on INGDAN.com's platform has doubled to 8,000. Additionally, over 4,000 suppliers and 4 million followers have registered on INGDAN.com, which plans to become the largest engine for China's intelligent manufacturing industry.

The Beijing IngDan Experience Center will provide comprehensive services for intelligent hardware startups. In addition to being a product display platform, it will also help these startups match with both upstream and downstream supply chains. The new Beijing IngDan Experience Center will also enable greater exchange and collaboration between Shenzhen's supply chain resources and Beijing's intelligent hardware companies.

Mr. Jeffrey Kang, CEO of Cogobuy Group, said, "Other than continuously strengthening its presence in Mainland China, INGDAN.com is also exploring opportunities in overseas markets to connect startups worldwide with Chinese manufacturers. Our vision is to export China's vast supply chain capabilities to the world, and INGDAN.com's open global platform will allow us to provide our deep domain experience to global smart device innovators."

About Cogobuy Group

Cogobuy Group is the largest e-commerce service platform serving the electronics manufacturing industry in China. Through the e-commerce platform, which includes a direct sales platform, an online marketplace, and a dedicated team of technical consultants and professional sales representatives, the Company provides customers with comprehensive online and offline services across pre-sale, sale, and post-sale stages. The Company serves mainly SME electronics manufacturers.

For further information, please refer to the Company's website at http://www.cogobuy.com/

About INGDAN.com

INGDAN.com is a platform dedicated to connecting global intelligent hardware entrepreneurs and China-based supply chain resources. The platform provides information on hardware innovation, supply chain data, and supply chain demand docking for global IoT innovators and entrepreneurs. It is a one-stop hardware innovation business platform with its core being the "supply chain."

For further information, please refer to the Company's website at http://www.ingdan.com/

SOURCE  Cogobuy Group

Cogobuy Group

CONTACT: Cogobuy Group, Ms. Wanyee Ho / Ms. Amy Guo, ir@cogobuy.com; Financial PR (HK) Limited, Mr. James Lo, jameslo@financialpr.hk, Mr. Eason Sun, easonsun@financialpr.hk, Tel: +852-2610-0846, Fax: +852-2610-0842

Web Site: http://www.ingdan.com

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