Jin Mi Fang Group (08300) announced that on November 1, 2024, the company entered into a framework agreement with Zerconex...
According to the Financial Intelligence APP, Jin Mi Fang Group (08300) announced that on November 1, 2024, the company entered into a framework agreement with Zerconex, concerning Zerconex selling and distributing group products on the platform, providing information technology services, related software and technical support services, payment services, and logistics information services, and other platform services to the group.
The framework agreement provides a new platform for the group to further expand its food sales and distribution business segment. The group will continue to sell and distribute food through traditional distribution channels, while cooperation with Zerconex can promote the market promotion of group products through online channels, drive the development of the group's e-commerce, and introduce new sources of revenue for the group. Given the increasingly important role of e-commerce in consumer goods sales in China, the company believes that the framework agreement provides a valuable opportunity for the group to increase its market penetration in food sales and distribution.