Weicheng International Holdings (08107) announced that on October 30, 2023, the Group signed a patent service agreement with the service provider, under which the Group will assume the role of obtaining and providing customers with anti-counterfeiting related products including application patents.
The announcement said that by giving full play to its own capabilities, the Group will be able to sign a second agreement to increase the Group's gross profit margin and earnings, and to enhance the supply chain management service capabilities that the Group can apply to clothing and other types of products.