QINGHUA HOLD (08082) Plans Strategic Collaboration with Hunan Huayu Water Affairs

Stock News04-13

QINGHUA HOLD (08082) has announced that the company, an investment holding firm primarily engaged in concert, exhibition, and live entertainment event operations, intends to enter into a strategic partnership with Hunan Huayu Water Affairs Co., Ltd. Guided by the board's vision to explore cross-sector integration of "entertainment content and healthy living," the collaboration aims to leverage the company's entertainment intellectual property resources to provide marketing, promotion, and event planning support for the partner's brand. This initiative is designed to expand the value-added service revenue of the group's existing media and entertainment business. The partnership represents a commercial endeavor within the ordinary course of business and is aligned with the extension of the company's current business strategy. By capitalizing on the group's established strengths in concerts, artist management, and fan economy, the strategic cooperation will offer Huayu Water Affairs customized brand promotion, co-branded product marketing, and shared membership benefits services. It is anticipated that this venture will generate sponsorship and service income for the group's media entertainment segment.

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