战略合作的主要目的是协助该公司拓展于中国大陆、中国香港及中国澳门的相关业务及提高营运效率，而鲸流可与该公司就相关业务进行合作或作出潜在投资。Ocean Star Tech (08297) announced that on July 24, 2024, the company reached a strategic cooperation framework agreement with Whale Flow Group (Hong Kong) regarding potential strategic business cooperation between the two parties. The terms and conditions of the agreement are binding pending the signing of a separate formal and legally binding agreement.
According to the framework agreement, the parties will use their resources for strategic cooperation, including the development and enhancement of a web 3.0-enabled network sales platform for the group's underwear and related health products, as well as potential cooperation or investment by Whale Flow in the group's underwear and health business development.
The main purpose of the strategic cooperation is to assist the company in expanding its related business in mainland China, Hong Kong, and Macau, and to improve operational efficiency. Whale Flow can cooperate or make potential investments in related businesses with the company.
The announcement stated that the strategic cooperation conforms to the group's business strategy of exploring business opportunities while focusing on developing related businesses. With expertise in web 3.0 and Whale Flow's business network, the group expects to benefit from the synergies of the strategic cooperation in developing related businesses. The company believes that the launch of the platform will enhance the group's advertising and promotion effectiveness for specific customers, and meet their needs in a more specific, cost-effective, and efficient manner, thereby improving the group's profitability. If the potential investment is implemented, it can provide additional capital for the development and operation of related businesses, and expand the company's shareholder base.
The announcement stated that the strategic cooperation is in line with the group's exploration of business opportunities and focuses on the development of related business global strategy. With the expertise in Web 3.0 and the business network of Whale Flow, the group expects to benefit from the synergies of strategic cooperation in the development of related business. The company believes that the launch of the platform will enhance the group's advertising and promotion effects for specific clients and meet their needs in a more specific, cost-effective, and efficient manner, thereby enhancing the group's profitability. If the potential investment is realized, it can provide additional capital for the development and operation of related business and expand the company's shareholder base.