Golden Saint Technologies Limited (LON:GST) said its wholly-owned subsidiary, EMS Wiring Systems Pte Ltd has signed a signed a strategic co-operation agreement with IT Care Ltd, a Shanghai-listed public company that has developed cutting edge hologram technology.
The firm, which listed on London’s main market last November, said that, as part of the co-operation agreement, IT Care and GST will be sharing marketing and potential client information to benefit both businesses. GST will also assist IT Care with the execution of projects outside of China.
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IT Care has developed a patented HoloFan hologram invention technology, which GST said it will be adding to the services it offers to ICT (information and communications technologies) clients.
The group pointed out that a hologram enhances business presentations of its products to consumers, without the high cost of actual demonstration models.
Pierre Fourie, GST’s group managing director of commented: “This partnership will enable GST to increase shareholder value through innovative product offerings and strong networking."
Golden Saint shares held steady at 0.68p.
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