KINGFAR PROPERTY (01354): Catalonia Property and Jingfa Supply Chain enter into a procurement framework agreement.
Jingfa Property Management (01354) issued a notice on October 30, 2025, stating that its wholly-owned subsidiary, Catalunya Property...
KINGFARPROPERTY (01354) announced that on October 30, 2025, its wholly-owned subsidiary Catalan Property entered into a procurement framework agreement with Jingfa Supply Chain. According to the agreement, Catalan Property Group has agreed to purchase a number of food ingredients from Jingfa Supply Chain from November 1, 2025, to December 31, 2025.
In order to support the group's diversified development strategy and break through its income growth bottleneck, Catalan Property is actively promoting various value-added service businesses. One of the core initiatives is to provide food ingredient delivery services to several schools, which will further enhance Catalan Property's sustainable operational capability, optimize and upgrade the group's business structure, and ultimately drive its income growth. Through the procurement framework agreement with Jingfa Supply Chain, Catalan Property will gain access to relatively stable supply of related goods and competitive purchasing prices. Additionally, this partnership will enable Catalan Property to strengthen quality control and enhance the overall level of its services.
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