BAMA TEA (06980) signed a tea purchase and sales framework agreement with Tea Source Technology.

BAMA TEA (06980) announces that on January 27, 2026 (after trading hours), the company has entered into a tea purchasing framework agreement with Tea Source Technology (an affiliated subsidiary of the company). Under this agreement, the group will periodically supply tea to Tea Source Technology during the term of the tea purchasing framework agreement (which will start on January 27, 2026 and last until December 31, 2028). The board of directors (including independent non-executive directors) believes that the terms of the tea purchasing framework agreement are fair and reasonable, and are conducted on terms that are generally or more favorable in the group's day-to-day and regular business processes, in the overall best interests of the company and its shareholders. The transactions planned under this agreement will support the group's supply business of sugar-free tea ingredients (such as tea bases, concentrated tea powders, or tea extracts), help enhance the group's market share in the tea industry, and create additional growth opportunities. This cooperation is a proactive move by the group to expand its business, which can bring incremental performance and strengthen the overall operational resilience of the group. This will help ensure the long-term and stable development of the group's business, and provide a clear direction for the group's future business development and strategic planning.