Masterwork Group (300195.SZ) intends to sign a strategic cooperation agreement with Heidelberg.

Masterwork Group (300195.SZ) announced that the company plans to sign a strategic cooperation agreement with Heidelberg Printing Machinery Co., Ltd. ("Heidelberg") on matters such as the sale of products to Heidelberg and providing technical services for the products sold. After the agreement is signed, the original "2014 Distribution Agreement," "Service Level Agreement," and subsequent series of supplementary agreements signed by both parties will be replaced. It is reported that Heidelberg is a printing equipment supplier that provides printing equipment and services to the global printing industry, as well as printing consumables and related technological solutions. Heidelberg is the company's agent and important strategic partner in overseas markets. Since 2014, the company has been selling the agreed-upon products exclusively in global markets through an agreement with Heidelberg, utilizing its sales and service team.