//Waltonchain subsidiary – “Xiamen Zhongchuan” listed as member of Alibaba Industry Alliance

Waltonchain subsidiary – “Xiamen Zhongchuan” listed as member of Alibaba Industry Alliance

This is a link to the screenshot; https://ift.tt/2Ht2KUp listed entity is Walton’s direct subsidiary – Xiamen Zhongchuan Internet of Things Industrial Research Institute Co., Ltd. You can access Alibaba’s IOT partners here: https://ift.tt/2vnTEU0 and the subsidiary here: https://ift.tt/2qEoPox you translate the subsidiary page, you will come across this sentence: “In April 2014, Xiamen Zhongchuan IOT Industry Development Co., Ltd. was formally established under the witness of the government’s competent authority.” I will leave this to your interpretation as to why they would explicitly state this! :)Lin Herui who is a core member of the walton team can be seen with the company logo in the background: https://ift.tt/2ETHfXx is another link associating Lin with the subsidiary: https://ift.tt/2H5pbzH interesting to note is how Alibaba has several Xiamen and Fujian companies listed as partners on there. This aligns with the text I found earlier: “It is reported that as early as the year 2000, Fujian Province took the lead in the nationwide layout of the Internet of Things industry. Today, Fujian Province has basically formed an Internet of Things industrial chain covering chip devices, equipment, software, integration, and operations.” I would venture out and take a guess that Fujian province is the hardware Silicon Valley of China. https://ift.tt/2qG553N first Alibaba IoT Industrial summit was held in Xiamen. “As the starting station for the ICA Alliance to set sail, Xiamen won the first round of the way, taking a solid step towards the ecological goal of the trillion-dollar market and laid a good start”. And it was co-sponsored by XIOTIA.Why is XIOTIA important?Fujian is a province and Xiamen is a city within Fujian province. XIOTIA represents an umbrella of Xiamen IoT companies. Dr. Zhao from XIOTIA visited Lin Herui (who happens to be the vice president of Fujian IOT Association) and was impressed with Walton’s tech. Now it’s not co-incidence that XIOTIA also co-sponsored Alibaba’s forum.Article on Lin Herui becoming the vice president of Fujian IoT Association: https://ift.tt/2HrC4U5 on Alibaba Walton partnership: https://ift.tt/2Fl18rr

This is a link to the screenshot; https://imgur.com/8tQd0hy

The listed entity is Walton's direct subsidiary – Xiamen Zhongchuan Internet of Things Industrial Research Institute Co., Ltd. You can access Alibaba's IOT partners here: https://www.ica-alliance.org/about/member/?type=2 and the subsidiary here: http://zcwlw.net/zc_about.html

If you translate the subsidiary page, you will come across this sentence: "In April 2014, Xiamen Zhongchuan IOT Industry Development Co., Ltd. was formally established under the witness of the government's competent authority." I will leave this to your interpretation as to why they would explicitly state this! 🙂

Lin Herui who is a core member of the walton team can be seen with the company logo in the background: https://mp.weixin.qq.com/s/Wodx9zN01_clz5Hxe9e4Vg

Here is another link associating Lin with the subsidiary: https://www.qixin.com/company/49ce657a-da38-4f43-a20d-1864b13a096e

Something interesting to note is how Alibaba has several Xiamen and Fujian companies listed as partners on there. This aligns with the text I found earlier: "It is reported that as early as the year 2000, Fujian Province took the lead in the nationwide layout of the Internet of Things industry. Today, Fujian Province has basically formed an Internet of Things industrial chain covering chip devices, equipment, software, integration, and operations." I would venture out and take a guess that Fujian province is the hardware Silicon Valley of China. http://www.chinadaily.com.cn/m/fujian/2017-06/09/content_29689874_3.htm

The first Alibaba IoT Industrial summit was held in Xiamen. "As the starting station for the ICA Alliance to set sail, Xiamen won the first round of the way, taking a solid step towards the ecological goal of the trillion-dollar market and laid a good start". And it was co-sponsored by XIOTIA.

Why is XIOTIA important?

Fujian is a province and Xiamen is a city within Fujian province. XIOTIA represents an umbrella of Xiamen IoT companies. Dr. Zhao from XIOTIA visited Lin Herui (who happens to be the vice president of Fujian IOT Association) and was impressed with Walton's tech. Now it's not co-incidence that XIOTIA also co-sponsored Alibaba's forum.

Article on Lin Herui becoming the vice president of Fujian IoT Association: https://medium.com/@Waltonchain_EN/waltonchain-project-director-elected-the-vice-president-of-fujian-iot-industry-association-e17c27335aa1?source=linkShare-859d718d1404-1523958368

Article on Alibaba Walton partnership: https://medium.com/@Waltonchain_EN/smart-city-founders-alibaba-cloud-waltonchain-subsidiary-zhongchuan-iot-sign-strategic-97ccc27ce7bf