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Lao Feng Xiang: Signed a Global Strategy cooperation agreement.

Breakings ·  May 5 15:33

Lao Feng Xiang announced that its subsidiary, Shanghai Lao Feng Xiang Co., Ltd., has jointly signed a "Global Strategy cooperation agreement" with Shanghai Jiushi Sports Industry Development (Group) Co., Ltd. and Maybach Luxury Goods Asia Pacific Co., Ltd. This agreement serves only as a framework agreement for the strategic cooperation intent among the three parties, and specific cooperation projects will be agreed upon through specific project agreements. The rights and obligations of each party shall be based on the final signed specific project agreements. There is uncertainty regarding the signing and implementation of specific project agreements and contracts. The agreement will take effect from May 1, 2025, and will terminate on December 31, 2030.

The translation is provided by third-party software.


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