On December 19, Gelonghui reported that CONGYU INTE AGR (00875.HK) announced that the company has signed a non-binding memorandum of understanding with Yuan Nian Sheng Shi Holdings Limited ("Yuan Nian International") regarding possible market image promotion services for the group. The memorandum aims to record the preliminary mutual understanding between the parties as a platform for further consultations, and the relevant parties have not yet entered into a binding agreement for the advisory services.
The Board of Directors believes that the market image promotion services provided by Yuan Nian International will enhance the group's brand image, and the Board of Directors considers that this move will benefit and align with the overall interests of the company and Shareholders.
