Gelong Hui (603031) (605198)ScratchmoneyclickerSH) announced that on May 11, 2024, the company signed a "Strategic Cooperation Framework Agreement" with the people's Government of Yichuan County of Yan'an City (referred to as "Yichuan County Government", Party A). After friendly consultation between Party An and Party B, the following cooperation intention was reached on Party B's investment in the construction of concentrated juice production project in Yichuan County.Scratchmoneyclicker:

Both parties intend to make full use of Party A.ScratchmoneyclickerThe advantages of resource allocation, industrial support policies and Party B's advanced technology, management experience and market, carry out omni-directional and multi-level cooperation in the investment and construction of concentrated fruit juice projects, and actively promote the development of apple industry in Yichuan. Drive local farmers to continue to increase production and income.

This time, we signed a strategic cooperation framework agreement with the Yichuan county government to integrate apple resources in the new concentrated juice production line in Yichuan county, which is in line with the company's strategic planning for deep ploughing. If the agreement can be effectively implemented, from the perspective of long-term development.ScratchmoneyclickerThe promotion of the project can further enhance the competitiveness of the company in the industry and will have a positive impact on the future development of the company.