GLOBAL CHI BC (01757) plans to launch a new business on a comprehensive e-commerce platform, building an O2O closed-loop ecosystem.

GLOBAL CHI BC (01757) announced that the group plans to launch new business in China, focusing on the development and operation of a comprehensive e-commerce platform. The project aims to connect high-quality suppliers with a large consumer base, providing a one-stop Wuxi Online Offline Communication Information Technology Co., Ltd. (O2O) service. The platform will integrate various categories of online transactions, optimize inventory and logistics efficiency through big data analysis in a smart supply chain management, enhance user engagement through social e-commerce and live sales in a digital marketing ecosystem, and create synergies between business-to-business (B2B) and business-to-consumer (B2C) services to build a closed-loop ecosystem. The Board of Directors believes that the project presents a significant opportunity. The Chinese e-commerce market is expanding rapidly, and digital consumption habits are deeply rooted in people's hearts, providing immense growth potential for new entrants. The Board of Directors is confident that the successful implementation of this project will enhance the group's profitability and competitive advantage, thereby creating substantial value for shareholders.