NopuXin: Wholly-owned subsidiary signs blueberry new variety license agreement with MBO.

Norfolk announced that its wholly-owned subsidiary, Loveberry Manor Group, signed a blueberry new variety intellectual property licensing agreement with MBO recently. MBO has licensed several patent intellectual properties to Loveberry Manor Group, allowing the latter to plant and commercially operate licensed varieties in agreed areas. This transaction does not constitute a related party transaction or a major asset restructuring. The cooperation aims to build a long-term stable system, optimize the variety resource structure, have a positive impact on the company's future operations, and will not change the main business or scope of operation. However, the introduction of new variety planting promotion may be affected by extreme weather and other factors, investors should pay attention to risks.