SHUANGDENG (08487) Engages in Negotiations with Major Potential Food and Beverage Partner for Mainland China Collaboration

Stock News05-04 23:02

SHUANGDENG (08487) announced that the Company's Board of Directors has noted the increase in the Company's share price and trading volume on May 4, 2026. Following reasonable enquiries concerning these fluctuations, the Board confirms that, aside from the disclosure below, it is unaware of any reasons for such movements, any information that must be announced to avoid a false market in the Company's securities, or any inside information requiring disclosure under relevant provisions. After appropriate enquiries by the Board, the Company confirms it is currently in discussions with a potential, sizable food and beverage industry partner regarding cooperation within Mainland China. The scope of the potential collaboration includes digital marketing, e-commerce operations, and supply chain management. The Company is also actively seeking other suitable cooperation opportunities for the listed entity.

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