Summary by Moomoo AI
Capital Realm Financial Holdings Group Limited ("Capital Realm") announced on August 29, 2024 that it has signed a strategic cooperation memorandum of understanding with Yuyao Yangming private equity investment fund Co., Ltd. Yuyao Yangming is a wholly-owned subsidiary of Zhongyi Ningbo Ecological Park Holdings Group Co., Ltd., focusing on high-growth areas such as digital economy, new energy, and biomedical. Capital Realm believes that this cooperation will align with the long-term development goals of the group and may bring potential profit growth for both parties. There is currently no formal or legally binding agreement, and specific terms will be approved by the board of directors after due diligence. The company will make subsequent announcements in accordance with listing rules and reminds shareholders and investors to pay attention to relevant developments and act prudently.
