KINTOR PHARMA-B (09939) subsidiary signed a brand and sales operational cooperation agreement with TUMAI Technology.
Open Meadow Pharmaceutical - B (09939) issued an announcement that on March 12, 2025 (after trading hours), the company...
KINTOR PHARMA-B (09939) announced on March 12, 2025 (after trading hours) that its wholly-owned subsidiary, Suzhou Kaituo Pharmaceutical Co., Ltd. (Suzhou Kaituo), has entered into a brand and sales operation cooperation agreement with Hangzhou Tu Mai Technology Co., Ltd. (Tu Mai Technology) in the field of cosmetics, including but not limited to products for hair loss prevention, acne treatment, and whitening, for sales agent, brand operation, and market promotion business cooperation in overseas markets.
The announcement stated that the operation cooperation agreement aims to fully leverage the respective advantages and capabilities of each party in a complementary cooperation model, to jointly promote the synergistic development of the cosmetics business in short-term performance and long-term strategic goals. Both parties hope to combine Tu Mai Technology's expertise in brand promotion and marketing services with the group's excellent innovation and product strength in the cosmetics field to generate synergies, expand product sales network coverage, diversify income sources, and promote the market penetration and sustainable development of the group's cosmetics business, with the group expected to benefit from this cooperation.
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