Zhuoyue Holdings (00653) and Yuncang held a strategic cooperation launch ceremony to set a revenue target of HK$30 million during the year

Zhitong Finance App News, Zhuoyue Holdings (00653) announced that on July 30, 2026, the group and Hong Kong Yuncang Daichi Development Co., Ltd. (Yuncang) officially held the launch ceremony of the “Thousand Sails to the Sea and Go Both Ways” strategic cooperation at the company headquarters. Following the signing of the strategic cooperation agreement between the two sides on July 13, 2026, the launch ceremony marked the formal transition of cooperation between the two sides from strategic consensus to full implementation, and the strategic partnership between the two sides moved from signing the agreement to the stage of real market expansion.

At the launch ceremony, Mr. Chen Jianwen, Chairman of the Board of Directors of the Company, and Mr. Jing Tao, Chairman of Yuncang, attended together with representatives of the business teams from both sides to witness the launch of cooperation.

According to the signed agreement and the agreement reached at this launch, the company will use its resource integration capabilities, brand management experience and corporate governance advantages as a Hong Kong listed company to facilitate the opening of Hong Kong showroom resources, and strive to provide product display and overseas investment incubation services for mainland enterprises, including Yunchang. The two sides will carry out in-depth cooperation and exploration around market expansion and investment promotion for local business in Hong Kong, China and business expansion in the fields of department stores, alcohol, beauty and FMCG.

Yuncang and its professional team were commissioned to provide comprehensive business operation services and support for the operators under the agreement, including business integration, marketing, investment management, training systems, and cross-border business development.

Based on the service framework under the agreement, Cloud Warehouse has set a turnover target of HK$30 million for the operating entity as of December 31, 2026. Cloud Warehouse will use its professional experience and resources in the fields of business integration, global marketing, channel construction and cross-border business to push operators to achieve this turnover target.

The two sides agreed to actively explore the possibility of improving overall circulation efficiency through technological empowerment, big data analysis and smart supply chains, and strive to build a more complete new consumer service system and promote collaborative development upstream and downstream of the industrial chain.

According to the announcement, the company has been actively promoting enterprise transformation in recent years, gradually transforming from a traditional retail enterprise to a new type of enterprise focusing on “consumer+technology”, and strives to create a new business model integrating technology and services. The launch of this cooperation is an important milestone in the transformation and development of the Group and an important step for the Group towards a new consumer service platform.

The purpose of this cooperation is to achieve balanced development between short-term results and medium- to long-term strategic goals by making full use of the comprehensive resource advantages of the Group and Cloud Warehouse, and carrying out comprehensive cooperation and business optimization. This cooperation will also bring significant opportunities to both parties, enable the Group to actively expand its business areas and geographical scope, achieve business diversification and global development, and strive to achieve a win-win situation for both parties.