KAFELAKU COFFEE (01869) Signs Memorandum of Understanding with Yinzhe Technology

Stock News

Sep 05

KAFELAKU COFFEE (01869) announced that the company has entered into a non-legally binding memorandum of understanding with Yinzhe Technology (Guangzhou) Co., Ltd. (hereinafter referred to as "Yinzhe Technology"). Based on this memorandum of understanding, both parties will leverage their respective platform resource advantages to comprehensively explore cooperation intentions, with cooperation methods and other related terms subject to further negotiation and the signing of a formal cooperation agreement. According to the announcement, the board of directors believes that this memorandum will not only facilitate the optimization and upgrade of the listed company's original strategic planning, but also expand the listed company's development space in supply chain, product line sales, big data, digitalization technology services and other fields, bringing new development opportunities to the company.

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(hereinafter referred to as \"Yinzhe Technology\"). Based on this memorandum of understanding, both parties will leverage their respective platform resource advantages to comprehensively explore cooperation intentions, with cooperation methods and other related terms subject to further negotiation and the signing of a formal cooperation agreement. 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