Eshallgo Inc. (NASDAQ:EHGO), a leading provider of integrated office solutions in China, today announced that its wholly owned subsidiary, Shanghai ESHALLGO Enterprise Development (Group) Co., Ltd. ("ESHALLGO Group"), has entered into a nationwide strategic partnership agreement (the "Agreement") with Tianjin Photonetco Electronic Technology Co., Ltd. ("Photonetco"), one of China's top three office equipment manufacturers.

The Agreement appoints EHGO as Photonetco's exclusive national strategic partner, underscoring a critical advancement in EHGO's efforts to expand within China's growing office equipment market.

According to Cognitive Market Research, China's office printer market alone is valued at over USD 5 billion as of 2024, and is expected to grow at a compound annual growth rate (CAGR) of 6% through 2031. When including office consumables, services, and broader enterprise integration, the total addressable market exceeds USD 10 billion, driven by national policies promoting domestic technology adoption, data security, and procurement independence among Chinese enterprises.

Under the agreement, Photonetco will provide EHGO with more than 10 custom-developed printer models, ranging from entry-level to enterprise-grade categories, and grant EHGO nationwide distribution rights for both hardware and consumables. EHGO will also gain access to Photonetco's comprehensive national after-sales service and maintenance network. In addition, Photonetco will support EHGO through professional technical training, authorized service station support, formal authorization documentation for EHGO and its affiliates, and the provision of promotional and marketing materials as needed to strengthen market development and brand promotion efforts.