HAO WEN HLDGS (08019) Enters Strategic Alliance with Chengmai Junli for Business Expansion

Stock News
Feb 11

HAO WEN HLDGS (08019) announced that on February 11, 2026, the company entered into a non-legally binding memorandum of understanding with Chengmai Junli Rubber Co., Ltd. According to the memorandum, HAO WEN HLDGS and Chengmai Junli will initiate a strategic collaboration aimed at developing and expanding Chengmai Junli's business, with a particular focus on the natural rubber and related agricultural sectors. The two parties will explore the application of biotechnology, smart technology, and green technology in agriculture and related industries. They are committed to building a digital platform, promoting the replication and commercialization of patented achievements, and facilitating overseas expansion through Hong Kong. The board of directors is actively seeking new opportunities to enhance the group's performance. This cooperation is expected to diversify the group's business and broaden its revenue streams. The directors are optimistic about the long-term prospects of Chengmai Junli's business and believe the potential collaboration aligns with the overall interests of the group and its shareholders.

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