Gstar CAD signed a strategic cooperation agreement and an OEM cooperation framework agreement with Ziqian Technology

According to the Zhitong Finance APP, Gstar CAD (688657.SH) announced that it has recently signed a "Strategic Cooperation Agreement" with Shanghai Ziqian Technology Co., Ltd. (referred to as "Ziqian Technology"). The two parties will continue and deepen cooperation in key areas and projects related to 3D CAD software, leveraging their respective advantages to achieve comprehensive strategic alignment and accelerate the technological innovation and application promotion of industrial software. On this basis, the company further signed an "OEM Cooperation Framework Agreement" with Ziqian Technology, reaching a long-term and stable OEM cooperation plan for general-purpose 3D CAD products represented by ZIXEL 3D CAD in the manufacturing industry.

The signing of the strategic cooperation agreement and the accompanying OEM cooperation agreement is an important measure to implement the company's long-term development strategy, which can generate synergies with the company's existing business in terms of products, technology, and marketing. The strategic cooperation between the two parties will help the company comprehensively layout products in the 3D CAD field, create integrated design solutions for global users, continuously enhance the competitiveness of domestic industrial software, and accelerate the upgrade of the company's core capabilities and strategic implementation.

In terms of products and technology, Ziqian Technology's internationally leading R&D capabilities in the 3D CAD field complement and enhance the company's long-accumulated CAD products and technical experience. As the cooperation is implemented, the company will initially complete the construction of an integrated design solution of "2D+3D+cloud" in the manufacturing sector, significantly enhancing product value and assisting users in achieving a "digital intelligence" transformation that covers the entire process of industrial design. In terms of market and sales, the company will efficiently introduce Ziqian Technology's 3D CAD products, leveraging its strong channel and customer advantages in the CAD field to expand new markets with new product features and application scenarios, while activating the value of existing user groups and accelerating the company's global business layout and sustainable development