Mutual Commitment, Co-Creation of Value | NATIONSTAR Signs Annual Strategic Cooperation Agreement with Hikvision Once Again

On September 24, NATIONSTAR held the annual strategic cooperation signing ceremony with Hangzhou Hikvision Digital Technology Co., Ltd. (hereinafter referred to as "Hikvision") at NATIONSTAR's headquarters. Building on the fruitful outcomes of three previous annual strategic partnerships, the two sides announced the in-depth strategic cooperation for 2024 and will carry out full-range product cooperation in the LED display sector.

Liu Zhengdong, Deputy Party Secretary and President of NATIONSTAR, and Hu Kunlong, President of Display and Control Product Business Unit of Hikvision, attended the forum and signing ceremony and signed on behalf of the two parties respectively. Qin Kuai, President Assistant of NATIONSTAR and General Manager of RGB LED Business Unit, also participated in the event.

Embrace Market Changes Proactively, Forge Strategic Partnerships

Amid the rapid development and fierce competition in the LED display industry, the global market is undergoing profound resource integration. The market environment remains challenging, with chaotic conditions prevailing across the industry, putting industrial chain enterprises under enormous pressure from operational difficulties and market fluctuations.

Against this complex and volatile backdrop, market demands for products keep rising, especially in small-pitch, engineering, rental displays and other sectors, where demand is growing rapidly. This has set higher standards for technological innovation and product quality of LED displays.

Against such a backdrop, NATIONSTAR and Hikvision have decided to renew their strategic partnership to jointly address challenges, conduct in-depth cooperation in core application areas, and fully leverage their respective competitive advantages, with a view to achieving higher-level mutual benefit and win-win results.

During the discussion session, the two sides held in-depth talks on cooperation matters.Liu Zhengdong pointed out that as the LED industry enters a critical window for restructuring and integration, the new round of cooperation between the two parties represents in-depth integration, gradual advancement and comprehensive coordination across products, channels, resources, technologies and other fields.

As a giant in the global security industry, Hikvision has maintained a strong growth trajectory with its unique strategic vision and strong execution capabilities. As an industry leader, it takes a leading position in R&D, product upgrading and market coverage.

NATIONSTAR, on the other hand, holds a key position in the LED industry thanks to its outstanding product quality and technological innovation. In recent years, NATIONSTAR has continuously increased market investment, expanded production capacity, ramped up R&D input, and focused on rapid response and adaptation to industry demands.

It is believed that this in-depth cooperation will inject new vitality and possibilities into product development and business expansion for both parties.

Hu Kunlong stated that Hikvision's LED business has been developing steadily in recent years, with its product layout gradually expanding from security supporting applications to the entire display industry. In the future, Hikvision will give full play to its strong channel resources and market influence to help NATIONSTAR's products and services enter broader international markets, further enhancing its market competitiveness and brand influence.

Accelerating Industrial Development, Jointly Striving for a New Future

After the signing ceremony, Hu Kunlong, President of Hikvision's Display and Control Product Business Unit, and his entourage visited the exhibition hall at NATIONSTAR's headquarters, the workshop of the RS Manufacturing Department, and the Nanzhuang Jili Industrial Park, accompanied by relevant principals of NATIONSTAR's RGB LED Business Unit.

The conclusion of this strategic cooperation agreement serves as a model for the deep integration of technology and market demand, and a vivid reflection of NATIONSTAR's core long-term philosophy of returning to fundamentals, striving for excellence, and continuously creating value for customers.

Looking ahead, NATIONSTAR will continue to uphold the customer-centric business philosophy, constantly provide customers with high-quality, high-performance products and comprehensive, attentive services, and join hands with more outstanding partners to advance the LED display industry and achieve win-win development at a higher level.