Gelonghui 7th November Tian Cheng Hldg (02110.HK) announced that on 7th November 2024, the company's wholly-owned subsidiary, Shenzhen Tian Cheng Hldg Co., Ltd., entered into a strategic cooperation agreement with Guangzhou Yunda Supply Chain Management Co., Ltd. ("Guangzhou Yunda"). Guangzhou Yunda's main business is comprehensive logistics services, including transportation, warehousing, distribution, freight forwarding, loading and unloading, packaging processing, logistics consulting, logistics park investment management, etc.

According to the cooperation agreement, Guangzhou Yunda plans to provide value-added health care services and related products to its customers to expand its domestic business network. The contracting parties agree to closely cooperate in the areas of health consultation services and stem cell-related products (mainly used to enhance the immune system and repair knee cartilage).