Huaibei Green Gold Co., Ltd. (02450) negotiated cooperation with Life Source on comprehensive business such as supply chain support for big health products, digital operation and market system construction

Zhitong Finance App News, Huaibei Green Gold Co., Ltd. (02450) announced that the group is planning to develop business cooperation on a comprehensive business cooperation project in the health industry.

The partner for this project is Source of Life (Shenzhen) Supply Chain Co., Ltd. (Source of Life). The origin of life settled in Shenzhen in 2026, focusing on the health supply chain and commercial empowerment, driving physical industry upgrading through digitalization, integrating upstream and downstream high-quality resources, and exporting comprehensive services such as supply chain support, digital operation and market system construction. Relying on the source enterprise resources and market channel resources accumulated by the team over many years, it has built an industrial platform covering product technology, physical sales networks and digital assets of industry users: it has multiple underlying core technologies such as mineral sleep assistance, nasal suction improvement, bovine bone marrow peptides, etc., and nearly 100 patents in about 40 countries around the world, and more than 3,000 categories in the product supply chain; it has about 800 physical sales network stores, which can expand to more than 2,000; the membership volume reaches more than 100,000; and supports the capital service supply chain and compliance service supply chain.

The Group is conducting preliminary contacts and discussions with Life Source on comprehensive business cooperation such as health product supply chain support, digital operation and market system construction. The board of directors believes that the Big Health Functional Consumer Goods Circuit, which is deeply cultivated by Source of Life, is in line with national industrial policy orientation and market development trends, and that its product technology assets, physical sales network assets, and industry user digital assets have a certain synergy with the Group's existing industrial investment and capital operation business. The Group expects to participate in this project through diversified cooperation models (including but not limited to supply chain cooperation, industrial platform co-construction and capital operation cooperation), bringing new business growth points to the Group.

As of the date of this announcement, the Group and its partners are still in the preliminary negotiation and discussion stage on potential cooperation, and no legally binding cooperation agreement has been concluded. This potential cooperation is still in the preliminary planning stage, and there are no specific implementation measures.