SOS Information Technology, wholly-owned subsidiary of SOS ([[SOS]] +3.4%) enters into a joint venture agreement with Qingdao Ronghe Finance Holding Group to form a new joint venture, SOS Ronghe Digital Technology.OS Ronghe Digital Technology received its business license on March 27, 2021.The mission of the JV is to contribute their resources to establish a supercomputing center in Qingdao.The registered capital of the joint venture will be approximately $9.17M, of which the company will contribute 51% and Ronghe will contribute 49%.Yandai Wang, CEO of SOS Limited commented, "We believe our joint venture with Ronghe is a key infrastructure investment focused on blockchain and big data, which will be a growth engine for both SOS and Ronghe."