Zhitong Finance App News, China Joint Resources (00254) announced that on August 7, 2026, the company signed a memorandum of strategic cooperation with Guangdong Dayuanbang Smart Health Management Service Co., Ltd. (Dayuanbang). The company plans to establish a strategic partnership with Dayuanbang on health industry projects.

The main provisions of the strategic cooperation memorandum are as follows: 1. The two sides intend to establish a comprehensive strategic partnership. 2. The two sides plan to cooperate on health industry projects in the fields of healthy sleep, health hotels, health management services and related product and scenario applications. Cooperation methods include but are not limited to the establishment of joint ventures, share or asset acquisitions, brand cooperation and market-based expansion. 3. The two sides will set up a working group to promote the content of the above cooperation. The specific cooperation matters shall be separately negotiated and implemented by the two parties by signing a specific cooperation agreement.

Dayuanbang is mainly engaged in remote health management services, health food (pre-packaged) sales, pension services, property management and related health industry services. The board of directors believes that the establishment of a strategic memorandum of cooperation will help the Group expand its business scope, enhance the Group's ability to bear operational risks, and be in line with the Group's future diversified development direction.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.