BAMA TEA (06980) announced that on January 27, 2026 (after trading hours), the company entered into a tea purchase and sale framework agreement with Tea Source Technology, an associated affiliate of the company. Under this agreement, the Group will supply tea leaves to Tea Source Technology from time to time during the term of the framework agreement, which commences on January 27, 2026, and continues until December 31, 2028. The Board of Directors, including the independent non-executive directors, considers the terms of the tea purchase and sale framework agreement to be fair and reasonable. They believe the agreement is conducted on normal or more favorable commercial terms within the Group's ordinary and usual course of business, aligning with the overall best interests of the company and its shareholders. The transactions contemplated under this agreement will support the Group's business of supplying ingredients for sugar-free tea products, such as tea bases, concentrated tea powder, or tea extracts. This initiative is expected to help increase the Group's market share within the tea industry and create additional growth opportunities. The cooperation represents a proactive measure by the Group to expand its operations, which is anticipated to generate incremental performance and strengthen the overall operational resilience of the Group. This move is conducive to the long-term, stable development of the Group's business and provides a clear direction for its future business development and strategic planning.
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