According to Zhitong Finance App, Haoliang Global (08118) announced that on May 3, 2024, the company signed a strategic cooperation agreement with Haofang Culture Media (Ningbo) Co., Ltd. (Haofang Culture).

According to the strategic cooperation agreement, the two sides initially agreed that at the appropriate time, the company will jointly develop cooperation opportunities with Haofang Culture on real estate allocation, real estate sales, and real estate finance services. The two sides will continue to expand the scope of cooperation according to market conditions, and will hold high-level meetings from time to time to discuss the model, direction, progress and other matters of the cooperation project.

The Group is mainly engaged in the trade and manufacture of LED lighting products, and is also engaged in the development of smart products related to LED lighting. The Board of Directors has been committed to actively seeking potential investment opportunities to develop the Group's existing business portfolio, diversify it, expand revenue streams, improve the Group's business operations and financial situation, and enhance shareholder value.

Under the framework of the strategic cooperation agreement, the company and Haofang Culture will strengthen exchanges and collaboration on various aspects such as business opportunities and market information, and complement each other. The two sides will actively cooperate in the areas of constructing and developing new real estate sales and real estate finance.