Zhitong Financial APP learned that Silk Road Energy (08250) issued an announcement that on June 23, 2022, Dudu International Trading Co., Ltd. (the company's indirect wholly-owned subsidiary, du Trading) and Dudu Xianmei Industrial (Shenzhen) Co., Ltd. (indirect wholly-owned subsidiary of the company, du du Industrial) entered into a strategic cooperation agreement with China Reserve (Guangdong) Grain Trading Co., Ltd. (China Reserve) on potential business cooperation between the parties concerned. As of 09:20, it was up 11.76%, with an offer of HK $0.019 and a turnover of 92300.

It is reported that according to the cooperation agreement, the parties agree to establish a strategic partnership, give full play to their respective advantages and resources, improve the quality of business products, maintain customer relations, and ensure long-term growth of all parties. Specifically, cooperation among all parties will focus on the trade, logistics, warehousing and supply of agricultural commodities such as sugar, live pigs and rice.