On January 29, 2026, CB GLOBAL (08026) announced that the Company has entered into a strategic cooperation framework agreement with a state-owned investment company, which is a wholly-owned subsidiary of a state-owned enterprise in Shenzhen ("the State-Owned Enterprise"). Pursuant to the framework agreement, the Company and the State-Owned Enterprise intend to establish a long-term strategic relationship, leveraging their respective industry and capital market advantages to jointly identify investment, merger and acquisition, and capital operation opportunities primarily focused on the capital markets. The parties propose to cooperate on, among other things, identifying and executing equity M&A opportunities involving advanced industrial and manufacturing sectors; establishing and managing investment and M&A funds; and providing integrated capital market solutions, including transaction structuring, financing, and post-investment value enhancement. The State-Owned Enterprise possesses a strong track record in investment and fund management and is backed by a Shenzhen-based state-owned enterprise group that boasts a diversified industrial portfolio, robust resource integration capabilities, and extensive capital market operational experience. The Company possesses core capabilities in industrial park and warehouse property management, manufacturing-related services, supply chain finance, and fintech, enabling it to provide a solid industrial platform. Leveraging the Group's diverse customer base, the Company is able to provide the State-Owned Enterprise with valuable cross-industry insights and sector-specific knowledge. The Board believes that the framework agreement will support the Group's business strategy, allowing it to utilize its industrial platform to enhance participation in capital market-related activities, strengthen the integration of industrial operations with investment and capital operations, and support the Group's long-term growth and development.