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]

Core Viewpoint - The company has signed a framework agreement for a potential acquisition of shares in Huamao International Barter Exchange Co., Ltd. from Beijing Duhuang Information Technology Research Institute, which holds 56.7% of Huamao's shares [1] Group 1: Acquisition Details - The agreement allows the company to negotiate the specific share acquisition ratio and price after completing legal, financial, and business due diligence within three months, extendable by mutual consent [1] - Beijing Duhuang grants the company an exclusive negotiation period of twelve months from the signing of the framework agreement [1] Group 2: Huamao's Position and Services - Huamao is recognized as the only international barter exchange approved by the State Administration for Industry and Commerce in China, aiming to create a global unified market and the World Barter Trade Organization (WBTO) [1] - The platform offers nine core services, including trading, incubation, and branding, and collaborates with authoritative organizations for digital upgrades and international expansion [1] Group 3: Strategic Implications - The board believes that signing the framework agreement may bring more business opportunities and allow both the company and Beijing Duhuang to leverage their respective advantages and resources for mutual development in China's international barter trade [1] - This agreement is expected to promote the company's development and align with the best interests of the company and its shareholders [1]

Core Viewpoint - The company has signed a framework agreement for a potential acquisition of shares in Huamao International Barter Exchange Co., Ltd. from Beijing Duhuang Information Technology Research Institute, which currently holds 56.7% of Huamao's shares [1] Group 1 - The acquisition involves a due diligence period of three months, which can be extended upon mutual agreement [1] - Beijing Duhuang has granted the company an exclusive negotiation period of twelve months from the date of the framework agreement [1] - Huamao is recognized as the only international barter exchange approved by the State Administration for Industry and Commerce, aiming to create a global unified market and the World Barter Trade Organization (WBTO) [1] Group 2 - The platform offers nine core services, including trading, incubation, and branding, and collaborates with authoritative organizations for digital upgrades and international expansion [1] - The board believes that the framework agreement could bring more business opportunities and allow both the company and Beijing Duhuang to leverage their respective advantages and resources for mutual development in China's international barter trade [1] - This framework agreement is expected to promote the company's development and align with the best interests of the company and its shareholders [1]