HONG KONG, June 11, 2015 /PRNewswire/ -- Cogobuy Group ("Cogobuy" or the "Company," stock code: 400.HK), the largest e-commerce service platform for the enterprise procurement of the electronics manufacturing industry in China, is pleased to announce its INGDAN.com platform (Hardeggs platform), the company's leading intelligent hardware innovation business platform, has attracted extensive market attention.

Startup entrepreneurs and investors in intelligent hardware industry were encouraged and more than ever believing in the future development of the industry after China's Premier Li Keqiang introduced the new "Internet Plus" strategy at the 2015 National People's Congress and Chinese people's Political Consultative Conference.

The "INGDAN.com New Product Release and INGDAN.com i.Future Competition" will be held in Beijing on June 14. Information technology industry practitioners, investors, and service providers, including Baidu, Alibaba, Tencent, JD.com, Microsoft, Lenovo, IDG, Sequoia Capital and other renowned investors will gather in the conference and share their views on the latest developments in the field.

After a series of online and offline initiatives, INGDAN.com has become the largest Internet of Things ("IoT") innovation business platform in China, with a focus on supply chain services. INGDAN.com provides services to thousands of successful intelligent hardware projects, including Sleepace, a four year old healthcare startup in sleep management. INGDAN.com provides services to Sleepace with a focus on "supply chain" services all the way from concept design to mass production. Meanwhile, by leveraging millions of its followers, INGDAN.com helps Sleepace promote its products.

Bringing together Internet companies and investment institutions, INGDAN.com is building an open ecosystem and providing one-stop services including crowdfunding, financing and marketing to startups. The open intelligent hardware platform is expected to encourage innovations by drastically lowering costs and entrance barriers. With the help of INGDAN.com, Sleepace raised tens of millions of RMB in fundraising. Many intelligent hardware innovation projects in the healthcare, smart home and industry 4.0 are expected to be launched and follow the success path of INGDAN.com platform.

Mr. Jeffrey Kang, CEO of Cogobuy Group, commented: "In the past year, from intelligent hardware supply chain and product promotion, INGDAN.com has entered into strategic cooperation with Baidu, JD.com, Wechat, 360 and other Internet companies as well as Microsoft, Intel, Broadcom, Freescale and other electronic manufacturing companies, to form an open ecosystem with a focus on 'supply chain' services.

"In addition to the cooperation with other enterprises in the industry, the establishment of this ecosystem has also received strong support from the government. In March this year, INGDAN.com was awarded the Innovative Zhongguancun Supply Chain Service Platform by Zhongguancun Science Park Administrative Committee. By focusing on supply chain platform, we are able to quickly and accurately grasp the first-hand information and hottest topics in both e-services and capital market.

"In the future, in addition to the healthcare industry, it is expected that INGDAN.com will become more visible in virtual reality, smart home and industry 4.0 projects. This year, INGDAN.com has targeted to gather 10,000 hardware innovation projects, 10 million fans and 5,000 suppliers. We are devoted to developing INGDAN.com to make it the largest intelligent hardware O2O services platform in the world."

About Cogobuy Group

Cogobuy Group is the largest e-commerce service platform for the enterprise procurement of China's electronics manufacturing industry. Through the e-commerce platform, including a direct sales platform, an online marketplace and a dedicated team of technical consultants and professional sales representatives, the Company provides customers with comprehensive online and offline services across pre-sale, sale and post-sale stages. The Company serves mainly SME electronics manufacturers.

For further information, please refer to the Company's website at http://www.cogobuy.com/

About INGDAN.com

INGDAN.com is an online and offline platform focusing on the hardware innovation sector. The platform provides information of hardware innovation, knowledge of the supply chain and supply chain demand docking for IoT innovation entrepreneurs. It is a one-stop hardware innovation business platform with its core being the "supply chain."

For further information, please refer to the Company's website at http://www.ingdan.com/

SOURCE Cogobuy Group

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