Virtual Mind Subsidiary Strikes Three-Year Sports Nutrition Partnership with COFCO Unit

Virtual Mind Holding Company Limited ( (HK:1520) ) just unveiled an update.

Virtual Mind Holding Company Limited announced that its wholly-owned subsidiary Beijing 1520 Technology Co., Ltd. has signed a three-year strategic cooperation framework agreement with COFCO Food Technology Development (Beijing) Co., Ltd. to jointly develop the sports nutrition food market. The partnership includes establishing a joint laboratory to conduct research on sports aquatic products and peptide-based formulations that meet compliance standards, as well as creating a platform for technical exchanges among experts in food nutrition and water quality. Beyond R&D, the parties plan multi-dimensional cooperation across supply chain integration, market promotion and sales network building, supported by regular high-level meetings and dedicated liaison teams to coordinate implementation, which is expected to strengthen Virtual Mind’s capabilities and positioning in the sports nutrition segment and deepen its presence in the broader health industry value chain.

The most recent analyst rating on (HK:1520) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Virtual Mind Holding Company Limited stock, see the HK:1520 Stock Forecast page.

More about Virtual Mind Holding Company Limited

Virtual Mind Holding Company Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries including Beijing 1520 Technology Co., Ltd., with a business focus that now extends into the research, development, production, promotion and sales of sports nutrition foods such as sports water and supplements, targeting the growing sports nutrition and health-related consumer markets.

Average Trading Volume: 2,712,552

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.13B

Learn more about 1520 stock on TipRanks’ Stock Analysis page.