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WUXI,China, June 9,2022 /PRNewswire/ -- iSoftStone Group, the leading software and IT services provider for digital transformation in China, Venturous Group, China's first Citytech Group, and Wuxi National High-Tech District have formed a new joint venture company, SwanLink (Jiangsu) Technology Development Ltd. ("SwanLink"). SwanLink will focus on developing commercial distribution versions of OpenHarmony-based IoT operating systems and applications to enable seamless connections between smart devices to achieve the objective of a fully-connected world. In China, there were approximately 8.8 billion Internet of Things (IoT) connected devices as of 2021, and this number continues to grow steadily and is expected to reach 15.6 billion by 2025, according to iResearch Global Group. However, the data collected by the IoT devices are often not used to their fullest potential. Few of these systems and applications can be integrated because of software or hardware incompatibility. This creates a market opportunity for solution providers that can integrate technology components and achieve large-scale standardization of operating systems across numerous IoT devices. To support the rapid development of homegrown Chinese operating systems, in 2020 Huawei decided to donate the source code of HarmonyOS to China's OpenAtom Foundation in the hope of other companies utilizing and modifying the open-source code to their needs. OpenHarmony is an intelligent open-source IoT distributed operating system that is applicable across all smart devices and in all scenarios of a fully-connected world. It aims to promote the development of the Internet of Everything (IoE). Headquartered in Wuxi, Jiangsu province, SwanLink originates from a business division of iSoftStone Group, which has been a long-time key partner of Huawei, an important player of the OpenHarmony ecosystem, and a strategic partner of Venturous Group. With extensive and valuable first-hand experiences in OpenHarmony-based software development, SwanLink is one of Huawei's first OpenHarmony ecosystem partners, for which Huawei will provide enabling services to speed up commercial distribution versions of OpenHarmony operating systems and applications. By partnering with Wuxi National High-Tech District and Venturous Group for resources, capital and business development support, iSoftStone Group has ensured that SwanLink has a very solid basis for future success. Mr. Benson Tam, Founder & CEO of Venturous Group, said: "OpenHarmony is an IoT distributed operating system ahead of the current global standard. It is a critical part of the required infrastructure to drive China's future digital transformation and an important building block for Smart Cities. As China's first Citytech group, Venturous is extremely excited about this opportunity to launch SwanLink together with our partners iSoftStone Group and Wuxi, which has been crowned the 'Smart IoT City'." Mr. Tianwen Liu, Founder, Chairman & CEO of iSoftStone Group, agreed: "The strategic partnership with Wuxi National High-Tech District is an important step to further innovate and develop the OpenHarmony ecosystem and China's own operating systems. In the future, iSoftStone will leverage the agglomeration advantage of Wuxi's IoT industry and take full advantage of its capabilities and experiences in the digital industry. Furthermore, SwanLink will actively carry out research and development of software and operating systems based on OpenHarmony, contributing to the construction of 'Digital China' together with our partners." To conclude, Mr. Rongguo Cui, Party Secretary of Wuxi National High-Tech District and Secretary of Xinwu District Community, said: "The establishment of SwanLink's headquarters in Wuxi National High-Tech District will inject new momentum into the digital economy of Wuxi. The district government will also provide full support for SwanLink to accelerate the development of the 2.0 era of Wuxi's IoT." About SwanLink SwanLink (Jiangsu) Technology Development Ltd. is a joint venture company formed in 2022 by iSoftStone Group, Wuxi National High-Tech District and Venturous Group. Headquartered in Wuxi, SwanLink develops commercial distribution versions of OpenHarmony-based IoT operating systems and applications to enable seamless connections between smart devices and achieve a fully-connected world. About iSoftStone Group Established in 2005 in Beijing, iSoftStone is a leading innovative software and IT services and solutions provider in China, serving more than 10 different major industries with 1,000 domestic and foreign customers, of which more than 200 are Fortune Global 500 companies or China's top 500 companies. iSoftStone has a footprint of more than 100 offices in 40 cities, with 20 global delivery centers and over 90,000 employees worldwide. It is listed on the ChiNext board of the Shenzhen Stock Exchange (Stock Code: SZ301236). https://www.isoftstone.com/ About Wuxi National High-Tech District Located in the southeast region of Wuxi, the Wuxi National High-Tech District became one of China's main development zones in 1995. With strong economic fundamentals, a strong industrial base, and a strong momentum for technological innovation and openness to business opportunities, the development zone has excelled in major industries such as electronics, information technology, bioengineering, and more. In 2021, Wuxi National High-Tech District's GDP exceeded USD 33 billion. http://www.wndonline.cn/index.html About Venturous Group Venturous Group is China's first Citytech Group. Powering Smart City economies, it is an investor, business builder and operator of Smart Citytech infrastructure companies. Creating value by transforming the future of city living, Venturous leverages the latest deep Citytech, strategic partnerships and digital transformation to make cities more liveable, sustainable and productive in China and beyond. https://www.venturousgroup.com/ For more information Mr. Johan Riddergard, Venturous Group, Partner and Media & Investor Relations Coordinator johan@venturousgroup.com Press room https://www.venturousgroup.com/press-room/ #SwanLink #iSoftStone #Wuxi #Venturous #VenturousGroup #DigitalTechnology #SmartComputing #BigData #DataSharing #Citytech #SmartCity #SmartCities #SmartOperations #SmartSystems #IoT #IoE #OpenHarmony #HarmonyOS SOURCE Venturous Group

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Developing Commercial Distribution Versions Of Openharmony Based Iot Operating Systems And Applications To Enable Seamless Connections Between Smart Devices Achieve The Objective Ofa Fully Connected World In China , Here Were Approximately 8 Billion Internet Of Things Iot Connected Devices As 2021 , Nd This Number Continues To Grow Steadily And Is Expected Reach 15 6 Billion By 2025 , Ccording To Iresearch Global Group However , He Data Collected By The Iot Devices Are Often Not Used To Their Fullest Potential Few Of These Systems And Applications Can Be Integrated Because Software Or Hardware Incompatibility This Createsa Market Opportunity For Solution Providers That Integrate Technology Components Achieve Large Scale Standardization Operating Across Numerous Support Rapid Development Homegrown Chinese , N 2020 Huawei Decided To Donate The Source Code Of Harmonyos China 39s Openatom Foundation In Hope Other Companies Utilizing And Modifying Open Their Needs Openharmony Is An Intelligent Iot Distributed Operating System That Applicable Across All Smart Devices Scenarios Ofa Fully Connected World It Aims Promote Development Internet Everything Ioe Headquartered Wuxi , Jiangsu Province , Wanlink Originates Froma Business Division Of Isoftstone Group , Hich Has Beena Long Time Key Partner Of Huawei , N Important Player Of The Openharmony Ecosystem , Nda Strategic Partner Of Venturous Group With Extensive And Valuable First Hand Experiences In Openharmony Based Software Development , Wanlink Is One Of Huawei 39s First Openharmony Ecosystem Partners , Or Which Huawei Will Provide Enabling Services To Speed Up Commercial Distribution Versions Of Openharmony Operating Systems And Applications By Partnering With Wuxi National High Tech District Venturous Group For Resources , Apital And Business Development Support , Softstone Group Has Ensured That Swanlink Hasa Very Solid Basis For Future Success Mr Benson Tam , Ounder Amp Ceo Of Venturous Group , Aid Quot Openharmony Is An Iot Distributed Operating System Ahead Of The Current Global Standard It Isa Critical Part Required Infrastructure To Drive China 39s Future Digital Transformation And Important Building Block For Smart Cities As First Citytech Group , Enturous Is Extremely Excited About This Opportunity To Launch Swanlink Together With Our Partners Isoftstone Group And Wuxi , Hich Has Been Crowned The 39 Smart Iot City Quot Mr Tianwen Liu , Founder , Hairman Amp Ceo Of Isoftstone Group , Greed Quot The Strategic Partnership With Wuxi National High Tech District Is An Important Step To Further Innovate And Develop Openharmony Ecosystem China 39s Own Operating Systems In Future , Softstone Will Leverage The Agglomeration Advantage Of Wuxi 39s Iot Industry And Take Full Its Capabilities Experiences In Digital Furthermore , Wanlink Will Actively Carry Out Research And Development Of Software Operating Systems Based On Openharmony , Ontributing To The Construction Of 39 Digital China Together With Our Partners Quot Conclude , R Rongguo Cui , Arty Secretary Of Wuxi National High Tech District And Xinwu Community , Aid Quot The Establishment Of Swanlink 39s Headquarters In Wuxi National High Tech District Will Inject New Momentum Into Digital Economy Government Also Provide Full Support For To Accelerate Development 2 0 Era Iot About Jiangsu Technology Ltd Isa Joint Venture Company Formed 2022 By Isoftstone Group , Uxi National High Tech District And Venturous Group Headquartered In Wuxi , Wanlink Develops Commercial Distribution Versions Of Openharmony Based Iot Operating Systems And Applications To Enable Seamless Connections Between Smart Devices Achievea Fully Connected World About Isoftstone Group Established In 2005 Beijing , Softstone Isa Leading Innovative Software And It Services Solutions Provider In China , Erving More Than 10 Different Major Industries With 1 , 000 Domestic And Foreign Customers , F Which More Than 200 Are Fortune Global 500 Companies Or China 39s Top Isoftstone Hasa Footprint Of 100 Offices In 40 Cities , Ith 20 Global Delivery Centers And Over 90 , 000 Employees Worldwide It Is Listed On The Chinext Board Of Shenzhen Stock Exchange Code Sz301236 Https Www Isoftstone Com About Wuxi National High Tech District Located In Southeast Region , He Wuxi National High Tech District Became One Of China 39s Main Development Zones In 1995 With Strong Economic Fundamentals , Ba Strong Industrial Base , Nda Strong Momentum For Technological Innovation And Openness To Business Opportunities , He Development Zone Has Excelled In Major Industries Such As Electronics , Information Technology , Ioengineering , Nd More In 2021 , Uxi National High Tech District 39s Gdp Exceeded Usd 33 Billion Http Www Wndonline Cn Index Html About Venturous Group Is China First Citytech Powering Smart City Economies , T Is An Investor , Usiness Builder And Operator Of Smart Citytech Infrastructure Companies Creating Value By Transforming The Future City Living , Enturous Leverages The Latest Deep Citytech , Trategic Partnerships And Digital Transformation To Make Cities More Liveable , Ustainable And Productive In China Beyond Https Www Venturousgroup Com For More Information Mr Johan Riddergard , Artner And Media Amp Investor Relations Coordinator Johan Venturousgroup Com Press Room Https Www Swanlink Isoftstone Wuxi Venturous Digitaltechnology Smartcomputing Bigdata Datasharing Citytech Smartcity Smartcities Smartoperations Smartsystems Iot Ioe Openharmony Harmonyos Source Group ,

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