Core Viewpoint - The announcement highlights a partnership between Youbao Online and Ant Chain Technology, focusing on the establishment of a trusted asset management platform service agreement to enhance the operational capabilities of Youbao's vending machine network through blockchain technology [1] Group 1: Partnership Details - Youbao Online has entered into a service agreement with Ant Chain Technology, effective from November 20, 2025, for a duration of two years [1] - Ant Chain Technology will provide software development tools (SDK) and related infrastructure services on its trusted asset management platform [1] - The agreement includes a non-exclusive, non-transferable, and non-resalable license for Youbao to use the SDK products in China [1] Group 2: Customization and Implementation - Ant Chain Technology will customize the blockchain SDK products based on Youbao's business scenarios [1] - The SDK suite will include features for blockchain data recording, which will be installed on Youbao's vending machines [1] Group 3: Business Operations - Youbao Online operates a vast network of vending machines across mainland China, selling fast-moving consumer goods supported by a data-driven operational system [1] - The implementation of the trusted asset management platform is aimed at providing credible data support for future franchisee incentive programs [1]