Hunan Valin Wire & Cable (001208.SZ) signed a strategic cooperation agreement with Hunan Guomao Group.

Hunan Valin Wire&Cable (001208.SZ) announced that, in order to actively respond to the country's policy of high-level opening to the outside world and deepen industrial synergy and development, the company ("Party B") has recently signed a "Strategic Cooperation Agreement" with Hunan International Trade Group Co., Ltd. (hereinafter referred to as "Trade Group" or "Party A") on the principle of equality, mutual benefit, cooperation, and a win-win situation. Both parties will fully leverage their advantages in industrial resources, trade platforms, market channels, and technological research and development to establish a long-term mutually beneficial strategic partnership, aiming to achieve resource sharing and mutual complementarity in overseas business and jointly enhance market competitiveness. The signing of the "Strategic Cooperation Agreement" between the company and Trade Group aims to establish a long-term mutually beneficial strategic partnership, which is conducive to accelerating the company's overseas business layout and enhancing overall competitiveness. According to the agreement, the company plans to cooperate in areas such as collective procurement malls, bidding platforms, logistics warehousing, property rights supervision, import and export agency of equipment, international market development, and business consulting, in order to achieve mutual complementarity, resource sharing in overseas business, and win-win cooperation.