Zhitong Financial App News, Dingli Capital (00356) issued an announcement that on July 12, 2023, the company entered into a strategic cooperation framework agreement with Zhejiang Agricultural and Valley products supply chain Management Co., Ltd. (Zhejiang Agricultural and Millet products), a limited liability company established in China in 2020, for the parties to carry out cooperation in the business of consumption interconnection platform for agricultural and commercial industries. According to the cooperation framework agreement, the company plans to develop the scientific and technological layout of the company in the agricultural industry chain through the business of Zhejiang agricultural grain products, and the two sides will rely on their respective advantages to carry out active cooperation.
The board of directors believes that the signing of the cooperation framework agreement with Zhejiang Agricultural and Valley products can integrate various resources for the company on the basis of mutual benefit, and the two sides will cooperate closely to develop the potential market for the consumption interconnection platform business of agricultural and commercial industries. The Board considers that the Cooperation Framework Agreement and the proposed transactions under it are fair and reasonable and are in the interests of the Company and its shareholders as a whole.