Hotata plans to establish a joint venture with Holike and Fengzhushou to develop home-based "smart integration gateway" products
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Hotata has signed an investment cooperation agreement with Holike and Fengzhushou, planning to jointly establish a joint venture company, Guangzhou Hemi Technology Co., Ltd., with a registered capital of 50 million yuan. Holike will hold 50% of the shares, while Hotata and Fengzhushou will each hold 25%. The joint venture will develop home-end "smart integration gateway" products, integrate resources from all parties, enhance the ecosystem of smart home products, and improve consumers' digital living experience
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