GenGee signs Exclusive Distribution Agreement with Scientific & Medical Equipment House Co.

· ANNOUNCEMENTS

【Xiamen, China, August 23, 2024】Gengee is pleased to announce the signing of exclusive distribution agreement with Scientific & Medical Equipment House Co., a Saudi joint stock company and a market leader in providing the latest healthcare services, medical and non-medical operation and maintenance.

The exclusive distribution agreement was signed by Mr. Barakat bin Saud Al-Araifi, CEO of Scientific & Medical Equipment House Co., and Mr. Weidan Chen, CEO of Gengee, on Wednesday, 17 Safar 1446 AH, corresponding to August 21, 2024.

The partnership was announced in the context of developing and diversifying the activities of Scientific & Medical Equipment House Co. and expanding its investment fields to meet the strategic goals of the company in fulfilling the demands of the Saudi market.

Mr. Barakat bin Saud Al-Araifi, CEO of Scientific & Medical Equipment House Co., stated that this exclusive agreement represents a qualitative leap in the company’s activities, as Gengee's player tracking technology is set to revolutionize the analysis and enhancement of football performance by relying on the collection of precise data and innovative algorithmic interpretation.

"This partnership marks a significant milestone for Gengee," said Mr. Weidan Chen, CEO of Gengee. "Our collaboration with Scientific & Medical Equipment House Co. underscores our commitment to enhancing football performance analysis and talent development in Saudi Arabia. We are particularly proud of the vital role our technology will play in performance tracking, injury prevention, player development and talent identification."