Establishment of DongFangCity Blockchain Industrial Park
KUALA LUMPUR, Jan. 16, 2020 — At 10:00 a.m., the headquarter of DongFangCity in Kuala Lumpur, Malaysia, held a grand signing ceremony. DongFangCity Holding Group Company and Beijing Liyang Zhiguang Technology Co. Ltd. signed a cooperation agreement to officially establish DongFangCity Technology Holding Co. Ltd. In the future, DongFangCity will use Liyang Zhiguang's superior blockchain technology to enable the real economy. This move marks the simultaneous launch of the Blockchain Industrial Park in DongFangCity, and the BLOCKCHAIN, a new engine to promote the economic development of DongFangCity, is officially unveiled. Dato’ Dr. Li Wei, Chairman of DongFangCity Holding Group Company, and Mr. Geng Wenhai, a researcher at the Institute of Urban Intelligent Computing, Institute of Architectural Design, Chinese Academy of Sciences, and Chief Engineer of Beijing Liyang Zhiguang Technology Co. Ltd., signed the contract on behalf of the two partners.
Dato’ Dr. Li Wei, Chairman of DongFangCity Holding Group Company, said that the construction and development of DongFangCity has entered the fast track. 2020 is a year when DongFangCity is soaring to the sky. On January 2, 2020, DongFangCity Holding Group Company successfully held a US listing roadshow in New York Times Square in the United States, which was reported by local mainstream media in the United States such as National Television, Huaxin News Agency, Wall Street Journal, and United Nations JiuAn TV Station. DongFangCity has attracted the attention of investors all over the world. With the blessing of the capital market, global investors have a high evaluation of the development and future expectations of DongFangCity. Today, we held a grand launching ceremony of the Blockchain Industrial Park in DongFangCity here.
DongFangCity Holding Group Co. Ltd. and Beijing Liyang Zhiguang Technology Co. Ltd. jointly established DongFangCity Technology Holding Co. Ltd. using Blockchain technology to build a digital management platform to realize the correlation and integration of various types of data, and strongly support the three-dimensional control of industrial tourism in DongFangCity, so as to build DongFangCity into a smart city with full data convergence and integration, holographic situational awareness and early warning, and panoramic full time and space mirroring. Map the Oriental culture displayed by DongFangCity to every corner of the world through BLOCKCHAIN; show the changes in DongFangCity from time to time to every family member through Blockchain technology. Beijing Liyang Zhiguang Technology Co. Ltd. has the world's leading BLOCKCHAIN core technology. Both sides have joined hand in hand to build a blockchain industrial chain and create the world's only industrial park for real-world blockchain applications. It will quickly promote the future development of DongFangCity. DongFangCity, as a high-quality tourism resource platform for Oriental culture, has found a unique way in terms of operating channels and business culture. By integrating its own advantages, it has opened up a dual online and offline operation model, and has always played a demonstration and leading role in the development of Malaysia's tourism industry with continuous innovation. DongFangCity is moving towards glory step by step. I believe that with the common support and efforts of all family members and investors, DongFangCity will become a new coordinate of world-class international tourism and a dark horse in the stock market in the future. Finally, I wish for cooperation between DongFangCity Technology Holdings Co. Ltd. and Beijing Liyang Zhiguang for long-term and sustainable development.
At the signing ceremony, Mr. Geng Wenhai, a researcher at the Institute of Urban Intelligent Computing, Institute of Architectural Design and Research, Chinese Academy of Sciences, and Chief Engineer of Beijing Liyang Zhiguang Technology Co. Ltd., first thanked Dato’ Dr. Li Wei for his high recognition of Liyang Zhiguang Technology. He said that Beijing Liyang Zhiguang is a unicorn company for Internet visualization and micro-images in China and the world. It has three R&D centers in China and its own ground-level R&D center in Toronto, North America. The biggest gain of this trip to Malaysia was the change of role, from the partnership of DongFangCity to the owner of DongFang. He said that Liyang Zhiguang will use its excellent technology to take a stake in DongFangCity and build DongFangCity into the world's only first-class mirror city. The goal of the two sides is to make DongFangCity Technology Holdings Co. Ltd., which was jointly established in cooperation, the only technology-based company in the world that will be successfully listed on NASDAQ in the United States with Blockchain technology as the landing application scenario in the future.
DongFangCity Directors and Shareholders Wei Lingyu and Liu Shu, DongFangCity Engineering Director Mr. Sun Jize, Outstanding Members of DongFangCity Zhang Jian, Gao Guiqing, An Qiuping, Li Yang and other DongFangCity family members from all over the world witnessed the signing ceremony.