Summary by Futu AI
DCO GROUP ANNOUNCED ON 31 MAY 2024 THAT IT HAS SIGNED A MEMORANDUM OF STRATEGIC COOPERATION WITH ZHEJIANG FENG FOOD AND DRINK MANAGEMENT CO., LTD., WUXI BRAN BEAR CATERING MANAGEMENT GROUP CO., LTD. AND JINGGUAI BRAND OPERATIONS MANAGEMENT (SUZHOU) CO., LTD. The initiative aims to provide partners with digital transformation support, set up joint ventures, and help them better understand market trends. ZHEJIANG FRUIT FOCUSES ON FRESH FRUIT YOGURT, WHILE JING GRAIN PRODUCTS HAS SEVERAL FOOD BRANDS. Datech Group emphasises that the Memorandum is not legally binding and will be announced separately if a formal agreement with legal force is reached. Shareholders and potential investors should exercise caution.