Buying factor: enter into an exclusive trademark licensing and distribution agreement with Helly Hansen AS to authorize Nippon Fashion to use the HH trademark and distribute certain HH products in the mainland for a period of 20 years.

Cooperation with HH can bring synergy to the resource allocation of existing brand businesses, especially financial management, logistics, marketing channel development and administrative support. HH is a well-known sportswear and nautical wear brand in the market.

Stimulated by the news, yesterday climbed 13.2%, trading volume increased to 8.45 million shares, 9RSI rose through the axis, MACD bull spread widened, the stock price at 10 antennas received strong support, might as well consider waiting for the opportunity to follow up.

Purchase price: 0.29 yuan (current price 0.30 yuan)

Target price: 0.33 yuan

Stop-corrosion price: 0.26 yuan