Cityhill Limited Signs Joint Venture with Scientific Energy, Inc to Provide Global Trading Service of Real Gold for Customers
January 23, 2018 at 02:26 pm IST
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South Sea Petroleum Holdings Limited announced that on 23 January 2018, Cityhill Limited signed an agreement to establish a joint venture with Scientific Energy, Inc. Energy, Inc. owns 50% equity interest in the joint venture respectively. The Venture Joint, with the support of blockchain technology, is to provide global trading service of real gold for customers, including purchasing, depositing, circulating and selling real gold for cash. The Contracted Parties contribute their respective experiences in blockchain technology and marketing. Scientific will assist the Joint Venture in exploring the North America and Europe markets, while Cityhill will focus on the Asian markets. Operation details of the Joint Venture will be further negotiated between the Contracted Parties.
Scientific Energy, Inc. is a mobile platform for ordering and delivery services for restaurants or other merchants. The Company operates in Macau and its businesses are built on its platform, Aomi App (the Platform). The Platform connects restaurants/merchants with consumers and delivery riders. It offers customers access to the Platform primarily through its mobile applications designed for iPhone, Android, and iPad devices. In addition to food, customers can also order grocery and other non-food merchandise through its Platform, Aomi Supermarket, such as fruits and vegetables, meat, poultry, eggs and milk, seafood and aquatic products, grain, oil, seasoning, snacks, beverages and other groceries. The Platform allows customers to direct delivery riders to purchase the desired merchandise at the Aomi Supermarket and deliver to them. The Company's subsidiaries include Macao E-Media Development Company Limited, a Macau Company and Gold Gold Gold Limited (3G), a Hong Kong company.
SCIENTIFIC ENERGY, INC. 
