BASETROPHY GP (08460) will establish a strategic partnership with Hai Dao Hong, focusing on the sales and marketing of products related to Hai Hong Mi.

BASETROPHY GP (08460) announced that on March 21, 2026, the company has signed a strategic cooperation agreement with Guangdong Haidao Hong Agricultural Technology Co., Ltd. (Haidao Hong). According to the agreement, the group will establish a strategic partnership with Haidao Hong, focusing on the sales and marketing of products related to Hai Hong rice. The group will leverage its strengths in brand building, channel development, and market expansion to serve as the main marketing partner, while Haidao Hong will contribute its expertise in the cultivation, research, and processing of Hai Hong rice products. The two parties will collaborate to expand market coverage, enhance product commercialization, and explore opportunities in the agricultural value chain. The board believes that entering into the strategic cooperation agreement aligns with the group's strategic direction to expand into the agricultural and health-related industries. This partnership allows the group to capitalize on the growing market demand for functional Shenzhen Agricultural Power Group products and participate in the development and distribution of high-growth potential Hai Hong rice products. It is expected that this cooperation will generate synergies through resource sharing and complementary advantages, strengthening the group's market competitiveness and diversifying its sources of income. The board believes that the strategic cooperation agreement is in the overall interest of the company and shareholders.