Ch Beidahuang (00039) signs cooperation agreement

   China Beidahuang Industry Group Holdings Limited (00039) said the company, through its wholly-owned subsidiary Shenzhen Nongjiayuan E-Commerce, has entered into a cooperation agreement with Jiangsu Wortact in respect of a business cooperation involving the sales of blueberries and other related products under the dual-brand name of both of the parties.
  Jiangsu Wortact shall be responsible for the production and delivery of a number of products in accordance with the specifications from Shenzhen Nongjiayuan E-Commerce, and Shenzhen Nongjiayuan E-Commerce shall be responsible for the sales planning and implementation of sales strategy in respect of the sales of blueberries and other related products.
  Under the scope of the sales cooperation, such products include fresh blueberry and other fruits, raw materials, drinks and dried fruit products, which shall bear the dual-brand name of both of the parties in the relevant products' packaging. The term of the sales cooperation will commence on 1 February 2020 and end on 31 January 2021. The total sales amount of such products is expected to be RMB200 million, in aggregate.