IFE Elevators and Renowned Real Estate Company CENTRAL CHINA Sign Strategic Cooperation Agreement

Recently, IFE Elevators has made new progress in strategic customer cooperation. It has established a strategic partnership with the well-known listed real estate company CENTRAL CHINA MGT Co., Ltd and signed an annual residential passenger elevator centralized procurement cooperation framework agreement. In the future, the two parties will start a new chapter of win-win cooperation in the residential sector.

Established in 1992, CENTRAL CHINA Co., Ltd is a diversified group company with projects covering 122 counties and county-level and above cities in Henan Province. In 2022, it ranked 398th among China's top 500 enterprises and 139th among China's top 500 service industry companies. Its subsidiary real estate company CENTRAL CHINA MGT Co., Ltd went public in 2021, focusing on commercial, government, and capital construction, specializing in the third and fourth-tier markets of the central plains region. It has signed nearly 400 projects and has grown into a leading enterprise in the national construction industry, having a significant influence in the real estate industry in Henan and its surrounding provinces and cities.

IFE Elevators is one of the A-share listed representatives of Chinese elevator companies. It has been deeply rooted in the elevator field for nearly 40 years, with its scale and brand strength continuously rising. With high-quality products and services, it has established itself as a " Trusted By The World" in the global market. During its interactions with CENTRAL CHINA MGT Co., Ltd, IFE Elevators left a good impression on the client with its strong technical strength, powerful market influence, and professional service attitude. By addressing customers' concerns regarding brand, design, cost, and engineering services, it provided superior solutions, ultimately winning the customer's full trust and laying the foundation for a long-term cooperative relationship.

In future cooperation, both parties will achieve complementary advantages in terms of technology, market, and resources. IFE Elevators will strictly control product quality and emphasize contract fulfillment. Leveraging CENTRAL CHINA MGT's advantages in the residential market in Henan and even nationwide, it will fully utilize its advantages in product technology and services to promote further development in their respective fields. It is believed that with the joint efforts of both parties, the strategic cooperation will achieve fruitful results.

Currently, in the residential field, IFE's strategic cooperation client list already includes many well-known real estate companies such as China Merchants, NIMBLE, and JUNMING Group. The cooperation with CENTRAL CHINA MGT is of great significance to IFE's development in the central plains market, helping to further expand the domestic residential market and contributing to the construction of urbanization in China.