Guoquan (02517) announced that on July 22, 2024, the board of directors approved the relevant resolution and agreed to public...
According to the announcement released by Guoquan (02517), on July 22, 2024, the board of directors approved the relevant resolution and agreed that the company (representing the group) and Huading Cold Chain (representing Huading Cold Chain and its contacts) signed a service procurement framework agreement. Huading Cold Chain and its contacts provide cold chain warehousing and logistics services to the group.
Huading Cold Chain is a stable and reliable supplier for the group, with the ability and experience of professional cold chain logistics specifically for consumer retailing industry. The quality and efficiency of the cold chain warehousing and logistics services provided by Huading Cold Chain and its contacts meet our logistics needs, especially as Huading Cold Chain and its contacts can provide integrated digital cold chain warehousing and logistics services throughout the country at relatively low cost through their centralized and integrated cold chain logistics service business. Compared with the third-party integrated cold chain warehousing and logistics service providers, Huading Cold Chain has a better understanding of our delivery requirements, is more familiar with our nationwide store network, and can better integrate with our enterprise resource planning system, which is crucial to our operation. The company believes that the service procurement framework agreement with Huading Cold Chain is beneficial to the group and is in line with the overall interests of the shareholders.