Hejing Technology announced on the evening of June 7 that its joint-stock subsidiary Huanyu Wanwei signed a strategic cooperation agreement with Alibaba Cloud Computing Co., Ltd. (hereinafter referred to as Alibaba Cloud) on June 7. The two parties will establish cooperation intentions through in-depth communication in the fields of preschool education cloud computing, big data, artificial intelligence, information security, etc., give full play to their respective advantages, create joint solutions for the preschool education industry, and explore innovative operating models for Internet + education, *** and expand the competitiveness of both parties in the field of preschool education.

Among them, Huanyu Wanwei is responsible for the construction and operation of joint solutions, and provides service implementation and maintenance for industry customers. Alibaba Cloud is responsible for the relevant cloud service support of the joint solution to ensure the reliability and stability of the cloud service. Both parties need to leverage their respective government and enterprise channel resources to promote joint solutions.

It is reported that Huanyu Wanwei, as the main implementation entity of Hejing Internet Education business segment, operates the Wisdom Tree Preschool Education Cloud Platform, which is currently the largest early childhood education cloud platform in China. A few days ago, news of Wanfang Development's joint-stock company joining hands with Tencent for strategic cooperation caused Wanfang Development's stock to rise 46.42% in four trading days. Whether Hejing Technology's share price can follow suit this time is worthy of investors' attention.