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                Sichuan Xsped Intelligent Technology Co., Ltd. is a wholly-owned company invested and established by Shenzhen Hogo Robot Technology Co., Ltd. in Luzhou, Sichuan province. It mainly provides resource support services for the main business of the parent company, Shenzhen Hogo Robot Technology Co., Ltd. Hogo has an independent campus of more than 10,000 square meters in Guangming District at Shenzhen, which is the headquarters of our R&D, manufacturing, supply chain, business, procurement, domestic and international sales. The main functions are: technology development and manufacturing of LED Monitor and intelligent display terminal products; R&D, production and manufacturing of Robot Vacuum Cleaner; R&D and manufacturing of Interactive Whiteboard, Digital Signage; ODM branding / OEM business / overseas market sales.
                Xsped Industrial Park covers an area of 124 acres, with a total investment of 1.1 billion RMB and registered capital of 50 million RMB. The park covers an area of more than 100,000 square meters, with an annual output of 1.5 million intelligent robots and 4.5 million LED Monitor products, making it an intelligent terminal industry cluster integrating R&D, manufacturing and sales. It is expected to achieve an annual output value of 2 billion RMB, annual profits and taxes of 120 million RMB, providing thousands of local jobs. As the main R&D and production base of Hogo, Xsped is planning three key projects: display devices, liquid crystal glass binding and robot vacuum cleaners. The Industrial Park is equipped with the following projects: smart terminal industry motherboard project, injection molding project, mold project, metal stamping project, SMT, carton production and silk-screen, micro motor, optical module, LIQUID crystal display terminal, robotics research institute (R&D center), LCD photoelectricity and electronics laboratory.
                These facilities not only strengthen the vertical integration capacity of the industrial chain of Xsped, but also enhance the independent supply function in the park, so that the products of Hogo and Xsped can play a stronger competitive advantage in the market, and help Hogo and Xsped to become a global trustworthy intelligent video products and artificial intelligence products system solution service provider.