On March 16, 2018, Huashang Long Holdings, Xu Zelin, and Huang Zewei signed the "Equity Transfer Agreement on United Technologies Technology Co., Ltd." in Nanshan District, Shenzhen. After the acquisition of Joint Venture, Huashang Long Holdings will hold the joint venture 80. % of equity.
United Chuangtai is an authorized distributor with extensive experience in the distribution of electronic component products. Currently, it is the world’s second-largest master chip brand MTK and the world’s second largest supplier of storage SK hynix.
In the domestic electronic components distribution industry, it also owns MTK's main control chip and SK hynix and internationally renowned memory brand manufacturers. At present, it is the only company that combines Chuangtai.
According to the company, the main chip and memory are the core components of electronic products. Based on the stable relationship between the core components and the client, the company can rapidly expand the overall sales scale of electronic components distribution. The company has the ability to provide large and medium-sized customers with a package of product accessories, increase the company's competitiveness among large and medium-sized customers, and on the other hand, it can attract more small and medium-sized customers through the sales of the company Yousuo Mall. In the expansion of the company's excellent soft mall registered users, increase the stickiness of the platform.