According to the announcement from Wisdom Financial APP, Xieyerong Technology (08107) signed a strategic cooperation agreement with Shenyang Shenbei New District Shenbei Haohier Community Service Center (Shenbei Community Service Center) on August 27, 2024, for a period of three years.

Under the strategic cooperation agreement, Shenbei Community Service Center will promote outfits, daily necessities, beauty products, and other products on the group's e-commerce platform, namely the "Xieyerong Exploration" Mall (Xieyerong Exploration Platform) through community activities and community group buying.

Xieyerong Exploration Platform is an e-commerce platform operated by the group and its strategic partners, providing comprehensive e-commerce services including product display, online shopping, and order delivery. The platform has adopted the "Manufacturer to Loyal/Long-Term Customer" (M2LC) business model, aiming for decentralization.

Directors believe that signing the strategic cooperation agreement enables the group to leverage the community network of Shenbei Community Service Center, combined with the group's innovative supply chain management solutions, to promote the Xieyerong Exploration Platform in Shenyang Shenbei New District.