Yaguan Technology and Forest Lighting signed a strategic agreement to cooperate in all aspects of R&D and supply chain

On 15^th, March, Yaguan Technology and Forest Lighting signed a strategic cooperation agreement at the headquarters of Zhongshan Forest Group, Guangdong. The two parties will cooperate on smart lighting solutions. Yaguan will provide end-to-end systematic and intelligent solutions for Forest Lighting commercial lighting power supplies, home power supplies, outdoor power supplies and other products. The two parties will also integrate supply chain resources. Zejia Wang, President of Yaguan and Tianming Liu, General Manager of Forest Lighting attended the meeting and signed the agreement.

In the morning, Zejia Wang, President of Yaguan Technology and his colleagues came to the headquarters of Forest Group in Zhongshan, Guangdong. Tianming Liu, General Manager of Forest Lighting received them. In his speech, Tianming Liu welcomed the visit of Zejia Wang and his colleagues and introduced the development of Forest Lighting and the layout plan for 2021. Zejia Wang also introduced Yaguan Technology's technical capabilities in smart solutions and its layout in lighting, electrical engineering and other industries. Subsequently, the two parties discussed the current development of the smart lighting industry. Tianming Liu and Zejia Wang on behalf of their respective companies signed a strategic cooperation agreement.

Forest Group is one the world's leading lighting company which integrate branding, marketing, R&D, manufacturing and service. It is known for its complete industrial chain layout in the lighting industry. Forest Lighting has a high reputation and credibility in the field of LED packaging, lighting fixtures and is a well-deserved leading enterprise. Forest Group has a complete industrial chain layout in which Forest Lighting focuses on power supply R&D and production. It has 4 fully automated power supply production lines with a monthly production capacity of 5 million units. The main products are Christmas power supplies, lighting power supplies, power adapters and smart power supplies. In addition to supplying the needs within the Forest Group, its power supply business has a leading position in the global power supply market as well.

Yaguan Technology is committed to promoting the intelligent upgrade to equipment manufacturers, assisting the digital transformation to real estate developers and promoting the intelligent implementation to the channel side, creating a product matrix and forming a closed loop to spatial intelligence full-link. Yaguan Technology’s smart solutions focus on the five major sectors of lighting, electrical engineering, security, home appliances and home furnishing. Through Yaguan Technology’s technical resources in the AIoT field as well as channel resources from real estate developers and property management companies to create a space intelligent ecosystem and become an ecological partner.

The power supply is the control center of intelligent lighting. According to the cooperation agreement, Yaguan will provide integrated access, cloud platform services, APP generation, scene integration and other one-stop end-to-end products for Forest commercial lighting power supplies, home power supplies and outdoor power supplies intelligent solutions. Yaguan will also build a device management background, user management background, operation and maintenance background and other platforms for Forest Optoelectronics to help Forest realize real-time equipment status query, remote diagnosis, message push, data analysis, OTA upgrade and other functions. At the same time, Yaguan will also develop equipment maps, equipment data and big data technology to provide accurate data decision support for the operation of Forest products.

"Forest has been committed to manufacture, research and development of lighting products. It has a complete supply chain system and advanced automation production line. I am very pleased that Forest and Yaguan have reached the cooperation to create intelligent LED lighting drive products together." Tianming Liu General Manager of Forest Optoelectronics Said, “The transformation from scale to technology is the strategic goal of Forest in recent years. We hope to use Internet digital technology to achieve transformation and upgrading. Yaguan has rich technical service platform capabilities and we look forward to our cooperation to create more intelligent lighting solutions and service "

“Thank you for the trust in Yaguan. Forest is a benchmark company in the lighting industry. This cooperation is a great strategic significance to Yaguan.” said Zejia Wang President of Yaguan Intelligent. “Yaguan focuses on intelligent solutions to help users quickly achieve intelligent upgrades. Hope this cooperation can provide some assistance for the transformation and upgrading to Forest. In addition to the solution, the two parties can also cooperate in the real estate acquisition project. Yaguan has TOP50 real estate resources and can work with Forest to integrate supply chain resources, covering smart downlights, smart ceiling lamps, smart strip lights and other smart home lighting products to meet the demand for real estate "

According to the agreement, the technical department of the two parties will conduct an all-round docking. Based on the intelligent lighting solution platform, Yaguan Technology will provide a full range of solutions for the current key projects to Forest Optoelectronics. The first product of the cooperation between the two parties will be launched soon.