Summary by Futu AI
Capital Realm Financial Holding Group Limited ("Capital Realm") announced on July 15, 2024 that it has signed a strategic cooperation intention letter with Xinghua Economic Development Co., Ltd. Xinghua Economic Development is mainly engaged in the real estate business and is committed to promoting local industrial development. Capital Realm stated that this strategic collaboration is consistent with the group's long-term development goals and business strategy, and is expected to bring potential profit growth to both parties. However, there is currently no formal or legally binding agreement on strategic cooperation, and it needs to be confirmed after the board of directors completes due diligence and approval. Capital Realm will make further announcements at the appropriate time in accordance with the listing rules. Company shareholders and potential investors should act with caution and pay attention to the uncertainties of strategic cooperation.