LZ Technology entered into a head of terms with Red Dune Capital

LZ Technology (LZMH) announced that it has entered into a head of terms with Red Dune Capital. Under this partnership, the parties will jointly establish LZ Technology’s regional headquarters in the Middle East and North Africa region and accelerate the commercialization of the Company’s smart access control systems, smart-community solutions, and Internet of Things digital infrastructure technologies across the region. This partnership marks the official launch of LZ Technology’s global second growth curve and represents a significant milestone in the Company’s strategy to scale its urban digital-infrastructure ecosystem internationally. Through this collaboration, LZ Technology plans to replicate in MENA the successful business model it built in China, forming a full-scale operational platform in the region-including but not limited to smart access control, community-service digitalization, and integrated business-service ecosystems.