Fulongma (603686.SH) partners with HUAWEI Cloud Computing to develop autonomous driving technology for sanitation

Zhitong Finance App News, Fulongma (603686.SH) announced that in order to speed up the intelligent upgrading of the company's sanitation equipment and establish technical barriers and first-mover advantages in the field of intelligent sanitation, the company plans to sign a relevant contract for the development of autonomous sanitation technology and cooperate with HUAWEI CLOUD Computing Technology Co., Ltd. (“HUAWEI CLOUD Computing”) to develop autonomous sanitation technology. This partnership is an exclusive strategic cooperation between the company and HUAWEI CLOUD Computing in the field of intelligent sanitation. The total contract amount is 200 million yuan (tax included) and is valid for 3 years.

This cooperation is an important strategic step for the intelligent upgrading of the company's sanitation equipment. Through exclusive technical cooperation with HUAWEI CLOUD, based on its technology accumulation in the fields of artificial intelligence, autonomous driving, and physical intelligence, combined with the company's deep accumulation in sanitation scenarios, it will help to rapidly improve the company's end-to-end autonomous sanitation system capabilities, build a full-stack technology system for intelligent sensing, decision planning, control and execution, and form an intelligent product platform with independent intellectual property rights; it will help launch unmanned sanitation equipment products with advanced autonomous driving capabilities, enhance the product's core competitiveness and differentiated advantages, and better meet the market demand for intelligent sanitation equipment; it will help consolidate the company; The intelligent technology base provides strong support for the “intelligent equipment+smart service” two-wheel drive strategy and helps the company transform and upgrade to an overall solution provider for living environment services.

This cooperation established a guarantee mechanism for joint R&D and joint marketing. The two sides set up a joint working group to collaborate deeply in technology research and development, product definition, testing and verification, and marketing. Through the joint R&D mechanism, the technical teams of the two sides cooperate closely to accelerate technology iteration and product implementation; through a joint marketing mechanism, they jointly expand the intelligent sanitation equipment market and amplify the effects of cooperation. The above mechanism provides organizational guarantees for contract performance, which is conducive to the timely delivery of projects and the transformation of results.