Data from the Hong Kong Stock Exchange reveals a notable change in shareholdings for NUR HOLDINGS (00254) on June 2nd.

The total value of the transferred shares amounted to HK$37.96 million, representing 6.73% of the holdings.

NUR HOLDINGS (00254)

A shareholder moved 17.3 million shares into Kingright Securities and transferred 34.8 million shares out of Daokou Securities.

This activity follows a company announcement made on May 28th.

On that date, NUR HOLDINGS entered into a strategic cooperation agreement with Harbin Hongzemeng Import & Export Co., Ltd.

The agreement establishes a comprehensive strategic partnership between the two entities.

Key Agreement Details

The primary terms of the strategic cooperation agreement include the following key points.

First, NUR HOLDINGS intends to purchase premium frozen and live seafood products, including king crab, from Hongzemeng, which has agreed to supply these goods.

Second, Hongzemeng has consented to the company's participation in future trade projects and supply chain development.

This collaboration may involve investment, establishing joint ventures, purchasing or importing goods from Hongzemeng, and providing supply chain services for trade.

Third, NUR HOLDINGS will leverage its status as a main board listed company on the Hong Kong Exchange to support these trade and supply chain initiatives.

This support encompasses financial services, financing, and re-export trade facilitation targeting regions such as Southeast Asia, the Middle East, and Europe through the Greater Bay Area.

Finally, a dedicated working group will be established by both parties to advance these cooperative efforts.

Projects will be implemented individually as they reach maturity, with specific cooperation agreements to be negotiated and signed for execution.