On the afternoon of April 27, 2023, Guangxi Agricultural Investment Group Water Company, Wuzhou Longtou Development Group, Guangxi
Zhongshui Intelligent Technology Co., Ltd. held a signing ceremony on the joint venture formation of Guangxi Agricultural Investment Group Water
metering Technology Co., LTD. Chen Long Distance, Guangxi Agricultural Investment Group Party committee member, deputy general manager, general
counsel, and Lai Qidi, secretary of Wuzhou Longwei District Party Committee, attended and delivered a speech. Liming, deputy Party secretary, general
manager and director of Guangxi Agricultural Investment Water Company, Li Jianjian, chairman of Guangxi Zhongshui Intelligent Technology Co., LTD., and
Yang Tongqiang, chairman of Wuzhou Longtou Development Group Co., LTD., signed the contract on behalf of the company.
The cooperation will be a joint venture by the three companies to establish a smart water professional company, focusing on building intelligent water
production, water supply, water control pipe network, users and other hardware and software industry chain to better provide one-stop smart water services
for the majority of Chinese and foreign customers. Zhongshui Intelligent will give full play to the company's advantages in product development, production,
quality control, after-sales and other aspects, and integrate the market resource advantages of Guangxi Agricultural Investment Water Company and the service
advantages of Wuzhou Longtou Group, to carry out multi-field and deep-level cooperation with all parties, and work together to promote the faster and better
development of the joint venture company.