Y3 Technologies, a Singapore-based supply chain and omni-channel solutions provider, has partnered Shandong e-Hualu Information Technology, to enhance its regional connectivity and enable seamless flow of products on a mega scale with speed, accuracy and reliability. A subsidiary of Beijing e-Hualu Information Technology, Shandong e-Hualu Information Technology provides smart city solutions, specializing in core software development, data mining and decision support, systems integration and operational services.
With this agreement, Y3 Technologies aims to leverage Shandong e-Hualu’s know-how in smart city solutions and local market context to uplift its domain expertise in supply-chain technology and omni-channel solutions. Both parties will commence 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, 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”, he added.
Speaking at signing ceremony, Yu Zeshui, President, Shandong Provincial Cultural Industry International Chamber of Commerce, thanked Y3 Technologies for putting their trust and willing cooperation with Shandong e-Hualu Information Technology and praised both parties’ efforts in upholding the innovative and pragmatic spirit of, “daring to dream and make history; and using science and technology to create the future”.
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.