TAOP Signs Strategic Cooperation Agreement with Zhicheng Chuangtou to Expand Smart Charging Pile Market
Taoping Inc. - Ordinary Shares (TAOP)
Company Research
Source: GlobeNewswire
Expects to Expand Coverage to 50 Cities in 2022 HONGKONG, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ: TAOP, the “Company” or “TAOP”), a provider of blockchain technology and smart cloud services, announced today that the Company has entered into a strategic cooperation agreement with Shenzhen Zhicheng Chuangtou New Energy Co., Ltd. (“Zhicheng Chuangtou”) to expand its smart charging pile market. Established in 2019 by Shenzhen Golway Technology Co., Ltd., Zhicheng Chuangtou. is a company focused on the construction, operation, and service of the smart infrastructure of smart cities. Pursuant to the agreement, which has a term of three years, TAOP is responsible for the market development and installation of the smart charging piles produced by Zhicheng Chuangtou. Zhicheng Chuangtou is responsible for providing charging piles and other ancillary products, as well as for the operation and management of smart charging piles after installation. TAOP plans to use its
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