Zhitong Finance App News, China Integrated Holdings (01027) announced that the company has entered into a strategic cooperation with Yupai Holding Group Co., Ltd. (Yupai).

Yupai is one of the leading enterprises focused on promoting technology and standardization in the physical education industry. Its vision is to become a leader in this field. Its business scope includes technical consulting, technology development, technology transfer and technical services in the field of education technology; educational software development; computer system services; and provision of management services for stadiums. Yupai has excellent technology and services to provide comprehensive solutions for valued consumers and partners. With its technological innovation and in-depth insight into the industry, Yupai provides a variety of comprehensive services to meet the diverse needs of customers and has become an industry pioneer.

The announcement stated that the proposed strategic cooperation is in line with the Group's long-term development goals and business development strategy. The strategic cooperation with Yupai will bring potential profit growth to both parties and conform to the overall interests of the company and its shareholders. As of the date of this announcement, the contracting parties have not signed a formal agreement or a legally binding agreement. If any proposed transaction constitutes a notifiable transaction for the company under the listing rules, the company will publish a separate announcement in due course in accordance with the listing rules.