Workflow
Localization in enterprise procurement
icon
Search documents
EHGO and Photonetco Form Exclusive National Partnership to Expand in China's Office Equipment Market
Prnewswireยท 2025-07-07 10:00
Core Insights - Eshallgo Inc. has entered into a strategic partnership with Photonetco, enhancing its position in China's office equipment market [1][2] - The partnership allows Eshallgo to distribute over 10 custom-developed printer models and access Photonetco's after-sales service network [4][8] - The office printer market in China is valued at over USD 5 billion and is expected to grow at a CAGR of 6% through 2031, with the total addressable market exceeding USD 10 billion [3] Company Developments - Eshallgo is appointed as Photonetco's exclusive national strategic partner, marking a significant step in its market expansion efforts [2][5] - The agreement formalizes and expands the existing commercial relationship between Eshallgo and Photonetco [6] - Eshallgo is committed to meeting minimum purchase targets and maintaining inventory to ensure a steady supply [5] Market Context - The partnership aligns with national policies promoting domestic technology adoption and data security, which are driving growth in the office equipment sector [3][7] - Photonetco has a strong history in the industry, being a pioneer in secure printing solutions and continuously investing in R&D [8] - The collaboration aims to support national industrial upgrading and enhance Eshallgo's competitive offerings in the market [9]