B&PLUS, China's HzI, and JINGWANG Form Strategic Partnership

B&PLUS Inc. (Ogawa-machi, Hiki-gun, Saitama Prefecture, Japan; President and CEO Atsushi Kameda) has entered into a strategic partnership with Shenzhen Hertz Innovations Technology Co., Ltd. (hereinafter "HzI"), a wireless power transfer technology manufacturer based in Shenzhen, China, and JINGWANG (Shanghai) Industrial Co., Ltd. (hereinafter "JINGWANG"), which has long supported B&PLUS’s expansion in the Chinese market, aiming to further develop the wireless power transfer market.

This partnership combines B&PLUS’s over 45 years of expertise in wireless power transfer technology, implementation know-how, solution proposal capabilities tailored to the Japanese market, and domestic technical support and quality assurance systems with HzI’s advanced technological capabilities, extensive product lineup, and rapid development speed.

Furthermore, JINGWANG will act as a bridge connecting Japan and China, enabling the three companies to leverage their respective strengths to create new value in the Japanese wireless power transfer market and provide customers with broader and more comprehensive solutions.

Strategic Partnership Signing Ceremony: Representatives from HzI, JINGWANG, and B&PLUS confirm long-term collaboration

<Combining Global Technologies to Expand the Possibilities of Wireless Power Transfer>

In recent years, with the widespread adoption of automated guided vehicles (AGVs), autonomous mobile robots (AMRs), and other automated systems and mobile robots, the performance requirements and applications for wireless power transfer have rapidly diversified.

Since its founding, B&PLUS has operated as a dedicated wireless power transfer manufacturer for over 45 years, continuously offering product proposals, implementation support, and custom solutions tailored to a wide range of applications.

Meanwhile, HzI, headquartered in Shenzhen, China, is rapidly expanding its business in the medium- and high-power wireless power transfer sector. With a broad product portfolio, strong technical capabilities, and fast development cycles, HzI is gaining prominence in the industrial wireless charging market.

This partnership represents a new initiative to go beyond in-house technologies by identifying world-class technologies and products and delivering them in forms suitable for the Japanese market, thereby offering customers optimal wireless power transfer solutions.

Signing ceremony of the strategic partnership among HzI, JINGWANG, and B&PLUS in Shenzhen, China

<Strategic Partnership Leveraging the Strengths of All Three Companies>

Through this partnership, the three companies will combine their respective strengths to further advance the wireless power transfer market.

B&PLUS

- Solution proposal capabilities optimized for the Japanese market - Over 45 years of technical expertise and implementation know-how - Domestic technical support and quality assurance system

HzI (Hertz Innovations)

- Medium- and high-power wireless power transfer technology - Extensive product lineup - High technical capability and rapid development speed

JINGWANG

- Long-standing trusted distributor of B&PLUS in China - Bridge connecting markets, cultures, and technologies between Japan and China - Key partner linking the two companies

By complementing each other’s strengths, the three companies will establish a framework to deliver even broader wireless power transfer solutions to customers in the Japanese market.

Signing ceremony of the strategic partnership agreement among the three companies

<Comment from Atsushi Kameda, President and CEO of B&PLUS>

B&PLUS aims to be a comprehensive manufacturer of wireless power transfer solutions, striving to explore every possible application for our customers.

To achieve this, it is essential to actively incorporate not only our own technologies but also outstanding global technologies, products, and growth potential.

HzI is a company with advanced technological capabilities, a rich product portfolio, and exceptionally fast development speed.

Moreover, JINGWANG, with whom we have built a strong and trusted relationship over many years, has served as a bridge between Japan and China, enabling the realization of this strategic partnership among the three companies.

Going forward, the three companies will continue as long-term partners, leveraging each other’s strengths to deliver new value to customers and contribute to the further development of the wireless power transfer market.

Confirmation of long-term cooperation and future development among the three companies

<Future Outlook>

Through this partnership, B&PLUS will further enhance its solution proposal capabilities in the Japanese market by mutually complementing its own products with those of HzI.

The company will provide optimal solutions across a wide range of fields, including AGVs, AMRs, mobile robots, automated guided vehicles, and automation equipment. Looking ahead, the three companies will also explore technical exchanges and joint proposals, working together to advance the wireless power transfer market.

[Company Overview] Company Name: B&PLUS Inc. Business: Development, manufacturing, and sales of wireless power transfer technology URL: https://www.b-plus-kk.jp/

[Contact] 2452-5 Takaya, Ogawa-machi, Hiki-gun, Saitama 355-0311, Japan B&PLUS Inc. Email: [email protected]