On April 29, 2019, the opening ceremony of Purplevine IP Operating (Deyang) Co., Ltd. was successfully held in Deyang, marking that Purplevine IP Group completed one of the important strategic layouts in Southwest China. Xie Kun, member of Standing Committee, Minister of United Front Work Department & Secretary of Party Working Committee of High-tech Zone of Jingyang District, Deyang, Chen Ming, Director of High-tech Zone Management Committee, Yang Jin, Chairman of Purplevine IP Group, Li Yang, Chairman of SINOMEC Industrial Development (Deyang) Co., Ltd., and other leaders and representatives attended the opening ceremony, as well as many leaders from relevant departments of Jingyang District Government of Deyang.

Purplevine IP Operating (Deyang) Co., Ltd. is jointly funded by Purplevine IP Operating (Shenzhen) Co., Ltd. (referred to as "Purplevine IP") and Sichuan Jingxing Construction Development Co., Ltd. (referred to as "Jingxing"). The two parties rely on the comprehensive advantages of Jingxing as the investment and financing platform of Jingyang District Government of Deyang, and make the utmost of the strength and experience of Purplevine IP in patent agency, patent operation, management consultation, patent licensing litigation and data management. Based on this, the two parties have established a comprehensive strategic cooperative relationship on the construction of Deyang intellectual property operation service system, promoting common development.