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Li Bao Ge Group Ltd. ( (HK:1869) ) has provided an announcement.
Kafelaku Coffee Holding Limited has announced a non-legally binding memorandum of understanding with Yinzhe Technology to explore potential collaboration opportunities. This partnership aims to integrate resources and strengths in the ‘Coffee + Finance + Technology’ sectors, enhancing Kafelaku Coffee’s strategic positioning and business model. The collaboration will focus on developing online and offline business synergies, expanding B2B services, and leveraging Yinzhe Technology’s fintech expertise to build a robust online sales platform. This strategic move is expected to optimize Kafelaku Coffee’s current strategies and open new growth avenues in supply chain, digital technology, and e-commerce, potentially benefiting stakeholders by creating a high-potential support system for the company’s e-commerce business.
More about Li Bao Ge Group Ltd.
Average Trading Volume: 842,200
Technical Sentiment Signal: Sell
Current Market Cap: HK$155.1M
Learn more about 1869 stock on TipRanks’ Stock Analysis page.