Changes in Hong Kong stocks | Zhuoyue Holdings (00653) rose more than 26% in the morning. The subsidiary and Ziyuanyuan (08223) will cooperate closely in the field of new cross-border retail services

The Zhitong Finance App learned that Zhuo Yue Holdings (00653) rose more than 26% in the morning. As of press release, it had risen 26.56% to HK$0.081, with a turnover of HK$3.7083 million.

According to the news, on December 11, Zhuoyue Holdings announced that Zhuoyue Supply Chain Management Co., Ltd. and Ziyuanyuan Holding Group Co., Ltd. (08223), a subsidiary of the company, signed a non-legally binding memorandum of understanding on the strategic cooperation plan that the group may reach with Ziyuanyuan on December 11, 2025, representing the preliminary agreement between the parties to the agreement, and that possible cooperation is subject to the conclusion of a formal cooperation agreement between the parties.

According to the announcement, the Group and Ziyuanyuan will cooperate closely in the field of new cross-border retail services, including the following:

Cooperation with complementary advantages: Using the Group's leading advantages in the beauty retail industry, Ziyuanyuan's operating experience and sales resources throughout China, all parties will explore cooperation in the fields of market development, product cooperation, equipment support, and talent exchange, and actively explore mutually beneficial business cooperation models.

Exploring regional cooperation in the Greater Bay Area: Ziyuanyuan and Zhuoyue Supply Chain Management Co., Ltd. intend to establish a joint venture to give full play to their respective advantages, jointly establish online and offline “new cross-border retail” within the Greater Bay Area, and launch a new cross-border retail business model.

Business licensing cooperation: The Group intends to license Ziyuanyuan's sales rights for some products and equipment in the Greater Bay Area region. Ziyuanyuan leverages the sales advantage of the multi-year grid layout in mainland China to promote the market layout of products and equipment, and achieve a win-win situation for both parties.