TCL Group announced on the evening of (5) that the company and Dalian Wanda Group Co., Ltd. signed a letter of intent for strategic cooperation, the two sides will set up a joint working group, in the Internet application and service platform, commercial display (including TV), IMAX theater, lighting, Business cooperation in the development, construction, and operation and maintenance of air-conditioning and smart home systems.
After the signing of the strategic cooperation agreement, TCL Group will conduct extensive business cooperation with Wanda in the commercial real estate field, hotel business field, cinema line field and department store business. At the same time, TCL Group will become a strategic supplier of Wanda Group, Wanda Group will purchase TCL Group products and services in accordance with the principle of equal priority. Based on the established advantages of smart and Internet application products and technologies, TCL Group will customize the systems and terminal equipment, application support platforms, etc. for Wanda Group's business development needs.
According to the data, Wanda Group mainly operates four core industries: commercial real estate, high-end hotels, cultural tourism and chain department stores. At the end of 2013, Wanda Group's total assets reached 380 billion yuan, with an annual income of 186.6 billion yuan and a net profit of 12.5 billion yuan.
TCL Group believes that the company will launch more system and service solutions based on industry integration and public commercial cloud platform around this strategic cooperation. At the same time, the two parties may further cooperate in big data, cloud services and O2O business. It is conducive to the company's ability to provide smart products and Internet operations services from the cloud to the end.
It is understood that TCL Group is advancing the "double +" strategic transformation with multimedia and communication as the main body. The company has built an ecosystem of "components + terminals + content applications + platforms" to accelerate the layout of content/applications/platforms of intelligent terminals. For smart homes and cloud services, the value-added services are rapidly expanding in scale and terminal profitability is also improving. Especially in terms of multimedia, the company has successively launched representative products such as iQiyi TV+, game TV, and global broadcasting.
After the signing of the strategic cooperation agreement, TCL Group will conduct extensive business cooperation with Wanda in the commercial real estate field, hotel business field, cinema line field and department store business. At the same time, TCL Group will become a strategic supplier of Wanda Group, Wanda Group will purchase TCL Group products and services in accordance with the principle of equal priority. Based on the established advantages of smart and Internet application products and technologies, TCL Group will customize the systems and terminal equipment, application support platforms, etc. for Wanda Group's business development needs.
According to the data, Wanda Group mainly operates four core industries: commercial real estate, high-end hotels, cultural tourism and chain department stores. At the end of 2013, Wanda Group's total assets reached 380 billion yuan, with an annual income of 186.6 billion yuan and a net profit of 12.5 billion yuan.
TCL Group believes that the company will launch more system and service solutions based on industry integration and public commercial cloud platform around this strategic cooperation. At the same time, the two parties may further cooperate in big data, cloud services and O2O business. It is conducive to the company's ability to provide smart products and Internet operations services from the cloud to the end.
It is understood that TCL Group is advancing the "double +" strategic transformation with multimedia and communication as the main body. The company has built an ecosystem of "components + terminals + content applications + platforms" to accelerate the layout of content/applications/platforms of intelligent terminals. For smart homes and cloud services, the value-added services are rapidly expanding in scale and terminal profitability is also improving. Especially in terms of multimedia, the company has successively launched representative products such as iQiyi TV+, game TV, and global broadcasting.
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