Gelonghui, January 25, 丨 Tiancheng Holdings (02110.HK) announced that on January 25, 2024, Shenzhen Tiancheng Holdings Co., Ltd., a wholly-owned subsidiary of the company, entered into two strategic cooperation agreements with two e-commerce companies (namely, Xi'an Xiaibou Trading Co., Ltd. and Guizhou Botu E-commerce Co., Ltd., collectively known as “such e-commerce companies”, which are third parties independent of the company and its related parties). These e-commerce companies are operators of online e-commerce shopping platforms (called Favorite Shopping Super App and BroadcastRabbit, respectively). Under these cooperation agreements, the contracting parties agree to cooperate closely on health care related products and health consultation services.
Since June 2023, the Group has been working tirelessly to develop its health and wellness business, diversifying its existing business portfolio and making full use of the Group's management's expertise and experience.