Yosen Group signs exclusive cooperation agreement with Global 3D Media for China hotel market

YIWU, China - Yosen Group, Inc. announced that Yosen has signed a cooperation agreement with Global 3D Media Company Limited to provide exclusive sales channels for Global 3D Media's no-glasses 3D products entering China's hotel market.

Global 3D Media is headquartered in New York City with a R&D center in Atlanta. The company has developed proprietary Mini Super 7-inch Pad and 46-inch Multi-Media Advertisement Machine, and owns world leading no-glasses 3D patents as well as voluminous 3D content. Since its product launch in 2014, it has received orders for more than 200,000 units.

According to the agreement, Yosen will be Global 3D Media's exclusive channel operator in China's hotel market. Global 3D Media will invest in products free trial in the lobby, elevators and guest rooms of 5-star and 4-star hotels. Yosen will be responsible for such channel development and continuing operation. For sales of any no-glasses 3D Pads demonstrated in hotel guest rooms, Yosen will enjoy a sales commission of 15% in addition to a 20% revenue sharing from all 3D advertisement sales throughout hotels. The first patch of signed hotels include well-known Shanghai Jin Jiang Hotel, Beijing People's Great Hall Hotel, Qingdao Seaview Garden Hotel, The Garden Hotel Guangzhou for a total of 2059 guest rooms. According to the Agreement, there will be a total of 80,000 guest rooms planned for 3D products trial use at Phase II.

Yosen's CEO Mr. Zhenggang Wang commented, "Global 3D Media's investment and cooperation with us in China's hotel market is not only a validation of Yosen's traditional strengths in digital products marketing and sales, but also a clear demonstration of confidence in our channel development capabilities. Since the beginning of this year, Yosen has gradually executed our new strategic positioning. We are building both off-line and on-line cross-border sales channels to bring in the world's best quality consumer products into China's market and simultaneously promote China's most competitive products overseas. The e-commerce platform that Yosen is preparing now will allow customers in the U.S. to buy this series of no-glasses 3D products. We will timely update our shareholders our latest development."

Sourced: TravelDailyNews