MAO GEPING (01318) signs a strategic cooperation framework agreement with Roadway Technology.

MAO GEPING (0118) announced that the company has recently signed a strategic cooperation framework agreement with L Catterton Asia Advisors (including itself and its respective affiliates, collectively referred to as "L Catterton"), reaching strategic cooperation intentions in global market expansion, acquisitions and strategic investments, further optimization of capital structure, talent introduction and governance. According to the framework agreement, L Catterton will leverage its global investment layout and strategic partner network to assist and empower the group's brands in expanding overseas high-end retail channels; in addition, the two parties plan to jointly establish an equity investment fund focusing on the global high-end beauty sector, injecting new vitality into the group's long-term development; at the same time, the two parties will also cooperate in further optimizing capital structure, talent introduction and governance. The framework agreement serves as a guiding strategic agreement for the cooperation between the two parties. After finalizing the details of the cooperation, the two parties will sign one or more final cooperation agreements in accordance with applicable laws and regulations, and announce them in a timely manner in accordance with the rules of the Hong Kong Stock Exchange (if applicable). L Catterton is a leading global consumer investment institution with approximately $39 billion in equity capital managed through three diversified product platforms of private equity, credit, and real estate. The institution has a comprehensive layout of high-quality targets in all sectors of the consumer industry, and possesses diversified investment capabilities covering the entire lifecycle of enterprises, with individual investment sizes ranging from $5 million to $5 billion. With deep industry insights in the global consumer industry, outstanding operational management capabilities, and a wide strategic resource network, L Catterton has deployed over 200 investment and operation experts in more than 18 offices worldwide, collaborating closely with management teams to continuously create differentiated value for its investment portfolio. Since its establishment in 1989, L Catterton has invested in over 300 globally renowned consumer brands worldwide. The company believes that the strategic cooperation planned under the framework agreement is in line with the group's long-term development goals and business development strategy. The cooperation between the two parties will fully leverage their respective resource advantages and professional strengths, achieve complementarity, mutual benefit, and mutual development, and serve the overall interests of the company and its shareholders.