THE SIGNING CEREMONY OF STRATEGIC COOPERATION BETWEEN SCHNEIDER ELECTRIC & AN CUONG WOOD-WORKING JOINT STOCK COMPANY

Ho Chi Minh City, June 12th, 2018 - Schneider Electric, a leading expert on digitization of energy management and automation programs, has officially announced the signing of a strategic partnership with An Cuong Wood-working Joint Stock Company, #1 company in Vietnam for materials, solutions and furniture made from industrial wood. An Cuong has a nationwide showroom system and more than 10 showrooms in the international market.

By signing this strategic partnership, Schneider Electric shall provide EcoBuilding intelligent control solutions for high-end property projects; An Cuong shall offer solutions of industrial wood furniture in harmony with the intelligent and modern living space. The combination of experts in the field of interior wood solutions and experts in the field of EcoBuilding intelligent control solutions not only provide Vietnam market with modern products in accordance with international standards, but also offers the great “Smart Home” solution for every work and every project.

EcoBuilding intelligent control solution of Schneider Electric shall provide an open IoT connection platform to support the integration of all smart devices in the home, enabling customers to monitor and control the home from any location and at any time.

From that, customers shall always experience the convenience in their own home of a smart control application for the entire home using mobile devices such as smartphones, tablets and voice control; the securing feeling because the system immediately alerts to your phone by text message and a call when there is an unauthorized intrusion or fire incident. In addition, with the open architecture, the EcoBuilding intelligent control solution also supports the Investor to develop customized control applications according to the requirements of each project.

Mr. Yoon Young Kim, General Director of Schneider Electric Vietnam, Myanmar and Cambodia, said: “In the field of property, Schneider Electric has been bringing intelligent control solutions to support its domestic partners in terms of technical expertise, technology to help them improve product quality, professionalism and competitiveness. Today, the use of “Smart Home” is becoming a popular trend in property projects in Vietnam; we believe that An Cuong Wood-working Joint Stock Company, with a vision of developing a “Smart home” solution, shall together with Schneider Electric to bring the EcoBuilding intelligent control solutions of Schneider Electric to consumers quickly and more effective"

“Our orientation is to build an intelligent package solution for the property market. I believe that this partnership agreement between An Cuong and Schneider Electric shall help shape the construction and building materials industry, renew cities and enrich the lives of people. We expect this cooperation shall open up a digital era in the 4.0 solution industry”. Mr. Le Duc Nghia, Chairman – General Director of An Cuong Wood-working Joint Stock Company said.

Information about Schneider Electric:

Schneider Electric is a pioneer group in digital energy management and automation programs in the market segments: family, high-rise buildings, data centers, infrastructure and industry.

With a presence in more than 100 countries worldwide, Schneider Electric is a leading expert in energy management including medium voltage, low voltage, energy safety and automation systems. We provide the highly efficient integrated solutions, combining energy, automation and software solutions.

In the global ecosystem, Schneider Electric works with partners, systems integrators and the leading developer community on its open platform to provide the real-time management solutions as well as optimize the operation.

We believe that our well-qualified employees and powerful partners shall create a strong Schneider Electric Group, and our commitment on the innovation, diversification and sustainable development to ensure that “Life Is On” is present everywhere, for everyone and at all times.

www.schneider-electric.com.vn

Photos in the signing ceremony: