To Provide Services for Trillion-level Industrial Robotics Market

HONG KONG, June 12, 2016 /PRNewswire/ -- Cogobuy Group ("Cogobuy" or the "Company," stock code: 400.HK), the largest e-commerce platform serving the electronics manufacturing industry in China, is pleased to announce it has recently launched EZ-ROBOT.CN at the China International Robot Show (CIROS) in Shanghai. The site is devoted to creating a global industrial robotics online to offline (O2O) e-commerce platform, and establishing a professional community for industrial robot manufacturers, component manufacturers and system integrators. Supplying technical support services from industry experts, EZ-ROBOT.CN is expected to boost the development of the industrial robotics market. At the launch event, Mr. Jeffrey Kang, chairman of Cogobuy, shared his views on the development of the robotics industry with the Company's partners including Harmonic, Sankyo, Sanyo Denki, Shenyang Siasun Robot, and others.

At present, many suppliers and research institutions are already registered on EZ-ROBOT.CN. Additionally dozens of top-notch Japanese and Germany robot manufacturers and integrators have joined to offer core components and integration solutions for industrial robot production lines.

Through the platform, EZ-ROBOT.CN's team, led by a former robotics expert from Panasonic, will provide clients with customized technical consulting and solutions. Its experienced technical team will also help clients with big data services.

Mr. Jeffrey Kang, CEO of Cogobuy Group, said: "We are proud to have finally launched EZ-ROBOT.CN, which will effectively complement Cogobuy's electronic manufacturing O2O platform. Cogobuy is the largest e-commerce platform serving the Chinese electronics manufacturing industry, an industry with a total demand of procurement worth RMB 10 trillion. Through EZ-ROBOT.CN, we will be able to provide better service to enterprises involved in the robotics industry that are registered on our platform. We expect to attract over a thousand new robotics startups and 300 suppliers to our platform in 2016 alone. Currently valued at USD 70.9B (RMB 466B), the robotics industry is projected to grow to a few trillions RMB in the next few years. Additionally, the growing advantages of robotics in industrial manufacturing are expected to drive a rapid increase in the number of robotics startups. INGDAN.com, Cogobuy's intelligent hardware innovation platform that bridges the gap between global leading technology knowhow and China's production power, is committed to creating a thriving industrial robot ecosystem, of which EZ-ROBOT.CN is a powerful addition."

About Cogobuy Group

Cogobuy Group is the largest e-commerce service platform serving the electronics manufacturing industry in China. Through the e-commerce platform, which includes 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 a platform dedicated to connecting global intelligent hardware entrepreneurs and China-based supply chain resources. The platform provides information on hardware innovation, supply chain data and supply chain demand docking for global IoT innovators and 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/