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EZGO Enters Strategic Cooperation With China Railway Construction Property Management

·1 min read
  • EZGO Technologies Ltd (NASDAQ: EZGO) has signed a strategic cooperation agreement with China Railway Construction Property Management Co Ltd (CRCPM).

  • The term of the agreement is five years. The financial terms of the deal were not disclosed.

  • The two parties plan to sign landing contracts based on specific cooperation for different business lines.

  • Under the agreement, the parties will develop and promote property management services to increase safety and security measures for residents of densely populated high-rise buildings and neighborhoods.

  • EZGO will provide products and related services, such as unmanned patrol vehicles and smart charging piles, based on the needs of the specific communities under CRCPM management.

  • Price Action: EZGO shares are trading higher by 6.39% at $3.33 on the last check Wednesday.

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