INGDAN.Com Appears in Shenzhen Maker Week

HONG KONG, Oct. 18, 2016 /PRNewswire/ -- Cogobuy Group ("Cogobuy" or the "Company," stock code: 400.HK), the largest e-commerce platform serving the electronics manufacturing industry in China, is pleased to announce that INGDAN.com, the Company's intelligent hardware innovation platform, participated in the second Shenzhen Maker Week, which kicked off on October 12, 2016. INGDAN.com presented on stage, representing "new commercial activities" companies, and was also selected with just six other promising tech companies for a special meeting with senior government officials who also attended the event.

Under the theme of this year's event, "Develop New Economies and Foster New Economic Drivers," a reported 800 plus companies and hundreds of thousands of makers came to exhibit and experience new technologies, products, commercial activities, and business models.

During the special meeting with INGDAN.com, a government representative shared his thoughts on the tech industry, as well as feedback and guidance. A number of tech industry leaders also joined the event, including Tim Cook, CEO of Apple Inc.; Pony Ma, co-founder and CEO of Tencent; Jack Ma, co-founder and executive chairman of Alibaba.

INGDAN.com boasts hundreds of high-quality projects in cutting edge industries, namely smart cars, robotics, smart homes, healthcare, and virtual reality. For example, in the area of smart cars, INGDAN.com helped Zhiche Youxing-Qidan Vehicle match with international top suppliers, including Mobilee and Panasonic. The platform enabled Zhiche Youxing-Qidan Vehicle to quickly adapt to market changes and start mass production. INGDAN.com also helps traditional manufacturing companies in China, including YYD Robot, an ODM, OEM foundry. Through INGDAN.com, YYD Robot was able to match with Intel's Artificial Intelligence technology, and was able to transform into a successful robotics manufacturing business. YYD Robot also distributed and sold its products in overseas markets with INGDAN.com's assistance.

Mr. Jeffrey Kang, CEO of Cogobuy Group, said, "We are honored INGDAN.com was on stage representing 'new commercial activities' companies at this year's Shenzhen Maker Week. Through INGDAN.com, we have enabled thousands of innovative Chinese startups to easily find and work with high-quality global resources, and also provide them the best in supply chain services. We are proud to be changing the nature of entrepreneurship, by making even the smallest ideas big through mass production. We are pleased to be helping traditional manufacturing companies in China like YYD Robot find their new developmental direction, work with leading technologies from Fortune Global 500 companies, and expand into overseas markets. We are proud to be assisting the upgrade of China's enormous traditional manufacturer industry and manufacturing capabilities. Relying on the success of Shenzhen Maker Week, we expect more favorable policies to be introduced for start-ups and company transformation. And we also believe Cogobuy is well-positioned to capture the growth opportunities of these favorable policies, which will further enhance our business in terms of GMV and customer numbers."

About Cogobuy Group

Cogobuy Group is the largest e-commerce service platform serving the electronics manufacturing industry in China. Through the e-commerce platform, which includes a direct sales platform, an online marketplace, and a dedicated team of technical consultants and professional sales representatives, the Company provides customers with comprehensive online and offline services across pre-sale, sale and post-sale stages. The Company serves mainly SME electronics manufacturers.

For further information, please refer to the Company's website at  http://www.cogobuy.com/

About INGDAN.com

INGDAN.com is a platform dedicated to connecting global intelligent hardware entrepreneurs and China-based supply chain resources. The platform provides information on hardware innovation, supply chain data and supply chain demand docking for global IoT innovators and entrepreneurs. It is a one-stop hardware innovation business platform with its core being the "supply chain."

For further information, please refer to the Company's website at http://www.ingdan.com/

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