(Yicai Global) Aug. 4 -- Chinese medical equipment manufacturer Hunan China Sun Pharmaceutical Machinery Co. [SHE:300216] will work with a local subsidiary of China United Network Communications Group Co. (China Unicom) to develop and promote the sales of health-monitoring smart watches.
China Unicom's Foshan branch in southern China's Guangdong province will provide SIM card technology and network communication services for the project while introducing products on China Unicom's online shopping platform, China Sun Pharmaceutical Machinery said yesterday, citing a deal signed by the firms. The agreement is valid for five years.
The groups will also collaborate on the Internet of Things and healthcare big data applications.
China Sun Pharmaceutical Machinery said that to improve its profitability, it will foster similar cooperative efforts with China Unicom branches in other provinces and cities.