RELIANCE GLO HL (00723) announced that its indirect wholly-owned subsidiary, Huitong Resources International Limited, entered into a cooperation agreement with Guangxi Fenglin Wood Industry Group Co., Ltd. (601996.SH) on December 22, 2025. The objectives of the agreement include: (1) jointly developing the EU wood board and related products market to enhance both parties' market share and brand influence; (2) establishing an efficient EU sales and service network to provide high-quality products and services to customers; and (3) exploring deeper industrial collaboration, including but not limited to setting up sales outlets, product distribution, supply chain integration, and potential joint ventures for future factory construction. Guangxi Fenglin has authorized Huitong Resources and/or its affiliated companies as regional agents for its wood board products in Romania, Serbia, Croatia, Germany, France, and Italy within the EU. The agreement takes effect immediately upon signing and remains valid for one year, with automatic one-year renewals unless either party objects. The Board believes this cooperation aligns with the Group's business objectives, further promoting its timber supply chain operations and creating long-term development opportunities. Additionally, the Board views Guangxi Fenglin's product agency rights in these regions as a source of additional revenue and synergistic growth potential, expanding and deepening the Group's EU market presence.