Impasse (002899.SZ) plans to join forces with Li Weike Technology to create smart sports equipment suitable for fitness and outdoor applications

Zhitong Finance App News, Impex (002899.SZ) announced that the company (“Party A”) signed an “Agreement of Intent to Establish a Joint Venture” with Hangzhou Liweike Technology Co., Ltd. (hereinafter referred to as “Li Weike Technology” or “Party B”), and Du Chenpeng (Ding Fang), and Du Chenpeng (Ding Fang) to jointly fund the establishment of a company engaged in R&D, design, production and sales of intelligent sports equipment.

According to the announcement, given the introduction of new AI hardware and AI models in full bloom, artificial intelligence is penetrating into various life scenarios at an unprecedented speed and scale, reshaping the way we live and work, and bringing new application scenarios, user needs, and product forms. As a pioneer in the fitness industry, the company has a keen insight into industry needs and works with Li Weike Technology to jointly create intelligent sports equipment suitable for fitness and outdoor application scenarios, which will have a positive impact in many ways.