Core Viewpoint - China Supply Chain Industry (03708.HK) has signed a framework agreement for the potential acquisition of shares in Huamao International Barter Trading Co., Ltd. (Huamao) from Beijing Duhuang Information Technology Research Institute, which currently holds 56.7% of Huamao's shares [1][2] Group 1: Acquisition Details - The framework agreement allows Beijing Duhuang to sell a certain percentage of its shares in Huamao to the company, with the specific acquisition ratio and price to be determined after due diligence [1] - The due diligence period is set for three months from the signing of the framework agreement, with the possibility of extension upon mutual agreement [1] - An exclusive negotiation period of twelve months is granted to the company from the date of signing the framework agreement [1] Group 2: Huamao's Positioning - Huamao is recognized as the only international barter exchange approved by the State Administration for Industry and Commerce in China [1] - The platform aims to create a unified global market and establish the World Barter Trade Organization (WBTO) [1] - Huamao offers nine core services, including trading, incubation, and branding, and collaborates with authoritative organizations for digital upgrades and international expansion services for enterprises [1]
中国供应链产业(03708.HK)就收购华贸若干股份签署股权收购框架协议