TRANSUITE.ORG INC. has signed a Letter of Intent to acquire a 51% stake in Fujian Wochong Intelligent Technology Co., Ltd. and launch a charging pile revenue rights tokenization initiative.
Wochong is a leading provider of intelligent e-bike charging solutions in China, with a strong focus on AI technology and IoT integration.
The acquisition and collaboration aim to expand TRSO's portfolio into sustainable technology sectors and introduce a new financial model for charging pile assets.
Strategic Acquisition
TRSO to acquire 51% stake in Wochong to expand into high-growth technology sectors in China.
RWA Initiative
Introduction of a charging pile revenue rights tokenization initiative for daily dividends and asset digitization.
Financial Model Innovation
Implementation of a transparent daily dividend distribution mechanism based on smart contracts for investors.
CEO's Vision
Mengqing Fan highlights the alignment of Wochong's growth with TRSO's AI and IoT vision for sustainability.
- The acquisition aims to transform the charging pile market with the introduction of an innovative revenue rights tokenization program.
- TRSO's expertise in AI and blockchain combined with Wochong's operational excellence is expected to drive significant growth in the e-bike charging sector.
The collaboration between TRSO and Wochong signifies a step towards redefining the charging pile industry with a focus on sustainability and asset digitization. The innovative financial model introduced is set to attract more investors and promote industry growth.