C&D PROPERTY (02156) subsidiary, Inhome Yiju, has entered into a cooperation framework agreement with Xiamen C&D Inc.

date
25/09/2024
avatar
GMT Eight
C&D PROPERTY (02156) announced that on September 25, 2024, its wholly-owned subsidiary in Jia Yi Ju entered into a cooperation framework agreement with Xiamen C&D Inc. to purchase goods from Xiamen C&D Inc. Group for resale to consumers through its retail channels (including the "C&D PROPERTY Premium Selection" platform), effective from September 25, 2024 until December 31, 2026. The Group provides a wide range of community value-added and collaborative services, including providing retail services for goods to consumers (mainly homeowners) under home living services. In recent years, the Group has been following consumer trends and customer demands, continuously enriching and optimizing the product line of the retail business, and striving to expand the scope and scale of the retail business. The Group intends to form synergies with Xiamen C&D Inc.'s supply chain business through the cooperation framework agreement, benefiting the Group in enhancing the operational efficiency of its retail business.

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