On October 18, Gelonhui announced that Impulse(Qingdao)Health Tech (002899.SZ) has signed an 'Intention Agreement for Establishing a Joint Venture Company' with Hangzhou Liweike Technology Co., Ltd. (hereinafter referred to as 'Liweike Technology' or 'Party B'), Hangzhou Zhiyu Zhile Enterprise Management Co., Ltd. (hereinafter referred to as 'Zhiyu Zhile' or 'Party C'), and Du Chenpeng (Party D), intending to jointly invest in establishing a company engaged in the research and development, design, production, and sales of intelligent sports equipment.
All parties have high reputations in their respective fields. This cooperation aims to leverage their respective strengths with other industrial investors to create an intelligent sports equipment brand in vertical scenarios such as cycling and fitness, using AI smart glasses as an entry point. Seize the new blue ocean opportunities of health consumer market, create a benchmark brand for end consumers with new product forms and business models, and utilize online and offline sales channels to strive for the company's second growth curve.
