January 9, 2023. Shenzhen, China - A signing ceremony for the OpenAtom OpenHarmony ecosystem enablement took place in Shenzhen, where XGD INC.'s subsidiary, NEXGO, signed a cooperation agreement with Huawei to jointly promote the prosperity and development of localization in the fintech industry.
Attending the signing ceremony were key leaders from both sides, including Wei Yuhong, Vice President of XGD INC.; Liu Zheqiang, Director of the Product R&D Center at NEXGO; Huang Bingxin, Software Department Manager; Feng Guanlin, Secretary-General of the Open Source Foundation; and Gong Ti, President of Huawei's Terminal BG Software Division, along with Vice President Liu Xiaojian. The agreement was signed by Wei Yuhong and Liu Xiaojian on behalf of their respective organizations.
As an OpenHarmony ecosystem enablement partner and one of the nine member units of the Financial Payment Committee, NEXGO has successfully passed the OpenHarmony ecosystem product compatibility evaluation with two of its products: the Caishen Cloud Quick Payment Terminal KD60 and the Integrated Payment Cloud Speaker KD58P. According to the agreement, Huawei will provide ecosystem enablement services to NEXGO, facilitating in-depth collaboration in R&D and application areas based on financial commercial devices that have passed compatibility evaluations. This partnership aims to enrich the OpenHarmony ecosystem and drive industry development.
The signing event also featured 24 industry chain partners who signed cooperation agreements with Huawei, showcasing a collaborative effort across various sectors to promote the prosperity and development of the OpenHarmony ecosystem.
Mr. Wei Yuhong expressed high hopes for this collaboration, stating that the localization of underlying systems and hardware technology in the financial industry can effectively safeguard national financial security. He noted that OpenHarmony is one of the most promising systems for rapid adoption in the financial sector. As a representative of the fintech industry, NEXGO boasts significant technological expertise and channel advantages, which will accelerate technology transfer and promote localization within the payment industry.
According to Mr. Liu Zheqiang, Director of the Product R&D Center at NEXGO, the company has already implemented localization strategies for key product hardware, successfully launching the Intelligent POS N86, the first high-configuration product manufactured with domestic chips. This collaboration will further advance the localization of operating systems, enhancing the controllability and security of the company's products.
XGD INC. will continue to play a leading role in technological innovation, aiming to establish a new paradigm for high-quality development in line with the "14th Five-Year Plan." The company is committed to integrating into the national financial security strategy, fostering win-win development within the industry, and contributing to building a digital foundation for the financial sector, thereby enhancing the international competitiveness of Chinese enterprises.
