A project signing ceremony was held between Zhongshan's Torch Industry Group and Shenzhen's Govee Technology on August 29. It took only 3 months from the initial negotiation to the signing of settlement of the Govee intelligent R&D and manufacturing base for sensing photoelectric technology.

With an investment of 600 million yuan, the project is located in Minzhong District, Torch Development Zone of Zhongshan. At full capacity, it is estimated to generate an additional production value of 1.1 billion yuan and a tax revenue of 55 million yuan.

Govee is a national high-tech enterprise specializing in the research and development of artificial intelligence and smart household products, as well as the optimization of upstream and downstream supply chains. The company has intelligent hardware self-owned brands, and its products include indoor and outdoor lighting fixtures, smart decorative light bars, air quality detection equipment, kitchen and small appliances, etc.