COOL LINK (08491) announced that on April 15, 2024 (after the transaction period), the company and Guangzhou Shiruikang Health Technology Co., Ltd. (Shi Ruikang) signed a non-binding memorandum of understanding relating to the content (including) proposing the establishment of a joint venture; and on the basis of a proposed joint venture, to provide modern services based on Tibetan medicine, Tibetan conditioning and health services for customers in Hong Kong, China and the Guangdong-Hong Kong-Macao Greater Bay Area. Using the Internet to fully open up online and offline data chains to build a big health industry innovation system in Hong Kong, Southeast Asia, China In addition, the Greater Bay Area develops comprehensive Tibetan medicine and traditional Chinese medicine, medical and health care projects, with medical technology and support provided by Shi Ruikang.
According to the announcement, it is proposed that the joint venture fully develop the three major health industry innovation systems and be based in the Guangdong-Hong Kong-Macao Greater Bay Area to create a new level of development in the cultural tourism and health care industry for overseas markets; and strengthen the overall competitiveness of the group.