Baoshu Group (01761) announced that on September 8, 2023 (after trading hours), the company entered into a framework agreement with FIL (Fosun, 00656), under which the Group agreed to sell and FIL and / or its contacts agreed to purchase certain consumer products, including maternal and child products, pet products, nutrition and health care, cosmetic care, food, beverages, leisure snacks, daily necessities, grain and oil seasoning, feed and pet food.
Working with buyers will broaden and improve the range of knowledge and services that the group can provide to customers, and enhance the group's ability to integrate high-quality daily life products for young families. The framework agreement will also enable the Group to expand its sales channels and grasp the synergies between the buyer and the Group, and contribute to the Group's operation and business development.