Core Viewpoint - The company has signed an exclusive distribution agreement for the "Crown" cigar in the global market, expanding its reach beyond previous markets, which included Thailand, Singapore, Hong Kong, Macau, and domestic duty-free markets in China [1] Group 1: Agreement Details - On November 6, 2025, the company signed an exclusive distribution agreement for the "Crown" cigar with Anhui Tobacco Industrial Co., Ltd [1] - The exclusive distribution scope for the "Crown" cigar has been expanded to the global market, excluding mainland China [1] Group 2: Strategic Partnerships - Since July 2025, the company has signed exclusive distribution agreements for cigars with Sichuan Tobacco Industrial Co., Ltd, Hubei Tobacco Industrial Co., Ltd, and Anhui Tobacco, as well as an exclusive agency agreement with Shandong Tobacco Industrial Co., Ltd [1] - These agreements are part of the initial steps to establish a global sales platform for Chinese cigars [1] Group 3: Future Plans - The company aims to leverage these agreements to deepen collaboration with the four tobacco brand enterprises to create a Chinese cigar brand with international influence and competitiveness [1]

Core Viewpoint - The company has signed an exclusive distribution agreement for the "Crown" cigar in the global market, expanding its reach beyond the previously established markets in Thailand, Singapore, Hong Kong, and Macau [1] Group 1 - The exclusive distribution agreement with Anhui Tobacco Industrial Co., Ltd. was signed on November 6, 2025, marking a significant step in the company's global expansion strategy [1] - The distribution scope for the "Crown" cigar has been extended to the global market, excluding mainland China, enhancing the company's international presence [1] - Since July 2025, the company has established exclusive distribution agreements with multiple tobacco companies, including Sichuan Tobacco, Hubei Tobacco, and Shandong Tobacco, to build a global sales platform for Chinese cigars [1] Group 2 - The company aims to deepen collaboration with the four tobacco brands to create a Chinese cigar brand with international influence and competitiveness [1]