Hao Wen Holdings Limited has announced that it has entered into a non-legally binding memorandum of understanding with Chengmai Junli Rubber Co., Ltd. The two parties intend to collaborate strategically to develop and expand Chengmai Junli’s business, focusing primarily on natural rubber and related agricultural sectors. The cooperation will explore the use of biotechnology, smart technology, and green technology in agriculture, with aims to build a digital platform, pursue patented replication and commercialization, and achieve international expansion via Hong Kong. The memorandum sets out intentions for possible cooperation and is not legally binding at this stage.

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