Alto Electronics signed the "China Football Association China Team LED Service Provider Cooperation Agreement"

On March 17, Alto Electronics (002587) announced that recently, Shenzhen Alto Electronics Co., Ltd. (hereinafter referred to as "the company" or "Alto Electronics") and China Ford Po Football Industry Development Corporation (hereinafter referred to as "Ford Po" ) Signed the "China Football Association China Team LED Service Provider Cooperation Agreement" (hereinafter referred to as "contract").

The announcement shows that Ford Po is a wholly-owned subsidiary of the China Football Association (hereinafter referred to as the "China Football Association") and enjoys the right to develop, use and operate the business resources of the "China Football Association China Team" and "China Football Association Super Cup". Have sufficient capital strength and good reputation to guarantee the performance of this transaction.

Alto Electronics exclusively provides LED display equipment and related services during the competition for the China Football Association's China team series; Alto Electronics provides Ford Bao with the Chinese Football Association Super Cup game screen.

"China Football Association China Team" refers to the national football teams under the control and management of the Chinese Football Association, including: China National Men's Football Team, China National Men's U23/U22 Football Team, China National Men's U20/U19 Football Team, China National men's U17/U16 football team, China National Women's Football Team, China National Women's U20/U19 football team, China National Women's U17/U16 football team.

"China Football Association Super Cup" refers to a national event sponsored by the Chinese Football Association and participated by the Chinese Football Association Super League champion and the Chinese Football Association Cup champion team.

Alto Electronics has been engaged in the research, development, production, sales and corresponding professional services of LED application products for many years. Its LED display products have been applied to top international sports events. The fulfillment of this contract will help to further enhance the company's influence in the domestic sports market, improve the company's brand image and market competitiveness, and thus better promote the company's business development in the sports industry.

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