Core Viewpoint - The company has signed a strategic cooperation framework agreement with Shanghai JiuYue to jointly expand the sales of alcoholic beverages and other food products in China [1][2]. Group 1: Strategic Partnership - The agreement involves the establishment of a joint venture focused on marketing, distribution, and supply chain management of premium alcoholic products [1]. - The joint venture will leverage the company's strengths in branding, capital, and market resources alongside Shanghai JiuYue's expertise in supply chain and distribution networks [1][2]. Group 2: Market Context - The company operates in the investment holding sector with significant experience in new materials, chemicals, and consumer products, particularly in the production and promotion of Chinese liquor [2]. - There is a growing demand for high-quality alcoholic products and professional supply chain services in China due to market upgrades and structural optimization [2]. Group 3: Operational Advantages - Shanghai JiuYue has established a marketing network covering 16 provinces and 46 cities in China, which will enhance the joint venture's market penetration and operational efficiency [2]. - The collaboration aims to ensure stable product distribution and cost-effectiveness while exploring new consumer groups and business growth opportunities [2].

Core Viewpoint - The company has signed a strategic cooperation framework agreement with Shanghai Jiuyue Youpin Commercial Management Co., Ltd. to jointly expand sales activities in the liquor and other food sectors [1] Group 1: Partnership Details - The agreement involves the establishment of a joint venture focused on marketing, distribution, and supply chain management services for premium liquor products in China [1] - The joint venture will leverage the company's brand, capital, and market resources alongside Shanghai Jiuyue's expertise in liquor supply chain and distribution networks [1] Group 2: Market Strategy - The partnership aims to adapt business development pace based on market demand and strategic planning, with plans to introduce new products, technologies, and partners as needed [1] - Shanghai Jiuyue has established a marketing network covering 16 provinces and 46 cities in China, which will enhance the joint venture's market penetration and operational efficiency [1] Group 3: Competitive Advantage - The board believes this collaboration will strengthen the company's competitive edge in consumer products and liquor sectors, further expanding the synergy within the industry chain [1]