Singapore, 21 August 2018－Anacle Systems Limited (“Anacle”), together with its joint venture partner, Enjoytown (Hangzhou) Holdings (“Enjoytown”), signed a strategic agreement with the Hangzhou City Xiaoshan District Guali Town People’s Government at Singapore- Zhejiang Economic and Trade Council (“SZETC”) Conference.

The agreement will see Anacle roll out its smart town solutions across the Zhejiang pilot smart town, Guali in the “One Hall, One Park, One Town” venture, which includes developing an integrated big data platform for the government.

In line with the “Open Innovation, Sharing Opportunities” theme of the Conference, the roundtable discussion at the Conference focused on the three key issues sustainable urban development, oil trading and maritime logistic, where government representatives and business delegates led by Ms. Sim Ann, Senior Minister of State for Trade and Industry of Singapore and Mr. Yuan Jiajun, Governor and Deputy Communist Party Secretary of Zhejiang province had in-depth discussions on topics such as financial connectivity, legal and professional services.

Since 2012, the Chinese Central Government has been piloting national smart city development to encourage use of the latest technology, such as artificial intelligence and Internet of Things. It is estimated that China will account for 50% of the smart cities in Asia, generating US$320 billion for the nation’s economy by 2025. Currently, China homes more than 500 smart city pilots, and Hangzhou is one of the top five smart cities domestically.

“Setting up our Asia Pacific research and design (R&D) centre in Hangzhou has given us access to various opportunities beyond just the business front. The local government has been proactive in seeking out innovative technologies and the interest they show towards new technology has been phenomenal. Ready access to the local IT talent will help to alleviate the resource shortage we faced.” Said Mr. Alex Lau, CEO of Anacle

Following the roundtable discussion, Mr. Yuan Jiajun led his Zhejiang delegates on a visit to Anacle Office located at Sandcrawler, where he was introduced to Anacle’s technology innovations, including the latest smart energy meter capable of energy disaggregation, the Tesseract.

 Signing of Agreement at SZETC Industry-Public Sector Roundtable 

From left: Mr. Xu Xiaofu (Secretary, Party Committee of Guali Town, Xiaoshan District, Zhejiang Province),  

Mr. Alex Lau showcases Anacle’s smart town management solutions to Mr. Yuan Jiajun and Zhejiang delegates

Mr. Alex Lau brings Mr. Yuan Jiajun and Zhejiang delegates around Anacle office.

Media Contact     Wendy Lim   |  Tel: 6914 2666   | Email: [email protected]

About Anacle Systems Limited

Anacle is a leading provider of commercial property management software and building energy management system in Singapore. Anacle is accredited by the Infocomm Media Development Authority (IMDA) under the Accreditation programme which provides an independent and rigorous third party evaluation of the company’s core capabilities such as product functionality, financial management and operations. The accreditation affirms the quality, business sustainability and scalability of Anacle’s products.