Core Viewpoint - VSING (08292) has signed a memorandum of understanding with Hainan Cloud Warehouse Winery Co., Ltd. for potential strategic cooperation, focusing on leveraging each other's resources for mutual benefits [1] Group 1: Strategic Cooperation - The memorandum outlines initial cooperation directions, including strategic supply, where Cloud Warehouse Winery will serve as a strategic beverage supplier for VSING's entertainment venues [1] - Market collaboration is also planned, with Cloud Warehouse Winery assisting in the recruitment and promotion of VSING's music AI platform through its established agent network in mainland China [1] - Both parties aim to explore additional cooperation possibilities to create synergistic effects, enhancing their respective strengths [1] Group 2: Company Background - Cloud Warehouse Winery is a comprehensive beverage wholesale and service platform, offering a range of products including wine, whiskey, brandy, liquor, and craft beer, primarily focused on the mainland China market [1] - The company has successfully expanded its operations to markets in Hong Kong, Macau, Indonesia, and Australia [1] - The board believes that the collaboration will enhance VSING's entertainment service system and market influence, aligning with the company's long-term development strategy and overall shareholder interests [1]

VSING Limited （於開曼群島註冊成立之有限公司） （股份代號：8292） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 會 就 本 公 佈 之 全 部 或 任 何 部 分 內 容 而 產 生 或 倚 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 自願性公佈 業 務 最 新 情 況－與 海 南 雲 倉 酒 莊 簽署戰略 合作諒解備忘錄 本公佈是由VSING Limited（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）自 願 作 出， 以 向 股 東 及 有 意 投 資 者 提 供 有 關 本 集 團 業 務 的 最 新 發 展 情 況。 本 公 司 核 心 業 務 包 括（其 中 包 括）通 過AI技 術 與 核 心 演 算 法 結 合 硬 體、軟 件 及 現 場 娛 樂 製 作 的 前 沿 整 合，打 造 多 方 位 且 具 有 全 球 影 響 力 的 音 樂 服 務 平 台。建 設 基 於AI技 術 的 音 樂 大 數 據 體 ...

Core Insights - Chengdu Xindu District Jiususujiao Water Business Unit has been established as an individual business entity with a registered capital of 100,000 RMB [1] Business Overview - The legal representative of the business is Yin Ting [1] - The business scope includes general projects such as: - Sales of food (only pre-packaged food) - Sales of health food (pre-packaged) - Internet sales of food (only pre-packaged food) - Sales of office supplies - Sales of daily necessities - Sales of daily miscellaneous goods - Sales of vending machines - Internet sales (excluding items requiring permits) - Marketing planning - Supply chain management services - Information consulting services (excluding licensed information consulting services) - Daily life services for residents - Loading and unloading services - Delivery services (excluding projects requiring legal approval) [1]

Core Insights - Qingdao Jiuwan No.2 Liquor Co., Ltd. has been established with a registered capital of 100,000 RMB and is represented by Wang Peng [1] Business Scope - The company is authorized to engage in liquor sales and food sales, subject to approval from relevant authorities [1] - General business activities include the sale of daily necessities, daily glass products, food plastic packaging containers, recreational supplies, toys, and indoor recreational equipment [1] - The company also offers low-temperature storage services, excluding hazardous chemicals that require special permits [1]

Core Viewpoint - A new individual business named Chengdu Pidu District Xilanhua Beverage Sales Store has been established, focusing on the sale of alcoholic beverages and various consumer goods [1] Business Registration Details - The legal representative of the business is Zeng Kexin, with a registered capital of 20,000 RMB [1] - The business scope includes licensed projects for alcohol sales, which require approval from relevant authorities [1] - General projects include internet sales (excluding licensed goods), sales of daily ceramics, daily necessities, glass products, wooden products, delivery services, retail of arts and crafts (excluding ivory), sales of packaging materials, hardware products, pre-packaged health foods, and food sales (only pre-packaged food) [1]

Core Insights - The traditional liquor retail industry is facing significant challenges due to the rise of e-commerce and changing consumer behaviors, leading to a decline in sales for many long-standing businesses [1][3][9] - The transformation of liquor stores into experiential spaces, such as "shared wine cellars," is emerging as a successful strategy to adapt to market changes and attract customers [5][9][12] Industry Challenges - Traditional liquor retailers are experiencing a loss of loyal customers as they shift to online purchasing options that offer convenience and lower prices [3][4] - Rising operational costs and competition from e-commerce platforms are putting pressure on brick-and-mortar liquor stores, leading to a struggle for survival [3][9] Business Transformation - The shift from a traditional sales model to a cultural and experiential approach has proven beneficial, as seen in the case of a liquor store owner who transitioned to hosting wine tasting events and utilizing digital tools for inventory management [7][9] - The use of data analytics has allowed businesses to better understand customer preferences and optimize inventory, enhancing operational efficiency [9][12] Customer Engagement - The new model of liquor retailing focuses on building relationships and community, with events and online interactions fostering a sense of connection among customers [9][12] - Returning customers express appreciation for the personalized experience and emotional connection offered by the transformed liquor store, indicating a successful shift in business strategy [9][12]

Core Insights - Traditional liquor retailers are facing significant challenges, including declining sales, increased competition from e-commerce, and rising operational costs [1][4][19] - Successful transformation examples show that adapting to new business models, such as membership systems and cloud-based inventory management, can lead to substantial profit increases [7][16][19] Group 1: Challenges Faced by Traditional Liquor Retailers - Sales have drastically decreased, with some retailers reporting a drop from 700-800 cases per month to around 300 cases [1] - The pricing structure is heavily inflated due to multiple intermediaries, leading to consumer dissatisfaction and reduced sales [4] - Retailers are under increasing financial pressure, with significant inventory costs and slow payment from manufacturers affecting cash flow [4] Group 2: Successful Transformation Strategies - Some retailers have shifted from being mere sellers to becoming lifestyle promoters, hosting tasting events and developing loyal customer bases [7] - Implementing cloud-based inventory systems has allowed retailers to operate with zero inventory, significantly improving cash flow and reducing financial risk [12] - Utilizing AI technology for customer analysis and targeted marketing has enabled retailers to enhance sales and build effective referral networks [13] Group 3: Results of Transformation - Retailers who have embraced new models report impressive profit growth, with some increasing monthly profits from 50,000 to 250,000 [16] - High customer retention rates have been achieved through effective membership programs, with some reporting a 75% repurchase rate [16] - Teams built through new operational strategies have led to substantial collective sales, with one retailer's team generating over 1 million in commissions monthly [16]

Core Points - Chengdu Shuangliu District Jiu Shi Jiu Hao Liquor Business Unit has been established as an individual business entity with a registered capital of 100,000 RMB [1] - The legal representative of the business is Chen Zhenyong [1] - The business scope includes licensed projects for liquor sales and general projects for food sales, health food sales, online food sales, delivery services, and ordinary goods warehousing [1]

Core Viewpoint - Chengdu Qingbaijiang Xinhang Boda Beverage Business has recently been established as an individual business entity, focusing on the sale of alcoholic beverages and food products [1] Company Summary - The legal representative of the newly established business is Liang Wei [1] - The registered capital of the company is 10,000 RMB [1] - The business scope includes licensed projects such as alcoholic beverage sales and food sales, which require approval from relevant authorities before operation [1] Industry Summary - The general business activities include internet sales of pre-packaged food and other products that do not require special licenses [1] - The company is permitted to conduct business activities autonomously based on its business license, except for projects that require approval [1]

Core Viewpoint - A new individual business named Chengdu Xinjing District Xinxing Beverage Business has been established, focusing on alcohol sales and related services [1] Company Summary - The business is registered with a capital of 30,000 RMB [1] - The legal representative of the business is Yuan Xiaobing [1] - The business scope includes licensed projects for alcohol sales, which require approval from relevant authorities [1] - General projects include food sales (only pre-packaged food) and conference and exhibition services [1]