Zhongrong International (00354.HK) announced that it has recently been selected, along with Shenzhen Kaihong Digital Industry Development, to become a council member of the Global Internet of Things (IoT) Alliance (GIIC). The council will review the new membership list and elect additional vice-chairmen and council members, as well as review and vote on the interconnectivity and interoperability series standards for the Hongmeng ecosystem devices, which is expected to lay the foundation for the further development of the global internet of things and the Hongmeng ecosystem.