To The Moon

MAO GEPING (01318) announced that the company has recently signed a strategic cooperation framework agreement with L Catterton Asia Advisors (together with its respective affiliates, collectively referred to as "L Catterton"). The two parties have reached a strategic cooperation intent in areas including global market expansion, acquisitions and strategic investments, further optimization of the capital structure, and talent acquisition and governance. According to the framework agreement, L Catterton will leverage its global investment footprint and strategic partner network to assist and empower the Group's brands in expanding into overseas high-end retail channels. Furthermore, the parties intend to jointly establish an equity investment fund focused on the global high-end beauty sector, injecting new momentum into the Group's long-term development. Simultaneously, the two sides will also collaborate on further optimizing the capital structure and in talent introduction and governance. The framework agreement serves as a guiding strategic document for the cooperation between the parties. After finalizing the specific cooperation details, the parties will sign one or more definitive cooperation agreements in accordance with applicable laws and regulations and will issue an announcement as required by the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, if applicable. L Catterton is a globally leading consumer-focused investment firm, managing approximately $39 billion in equity capital across three diversified product platforms: private equity, credit, and real estate. The institution has a comprehensive layout targeting high-quality assets across the entire consumer sector and possesses diversified investment capabilities covering the entire corporate lifecycle, with single investment sizes ranging from $5 million to $5 billion. Leveraging deep industry insights within the global consumer sector, exceptional operational management capabilities, and an extensive strategic resource network, L Catterton deploys over 200 investment and operating professionals across 18 global offices. These professionals work in deep collaboration with management teams to continuously create differentiated value for the investment portfolio. Since its founding in 1989, L Catterton has cumulatively invested in more than 300 renowned global consumer brands. The Company believes that the strategic cooperation contemplated under the framework agreement aligns with the Group's long-term development objectives and business development strategy. The collaboration will fully utilize the respective resource advantages and professional expertise of both parties, achieving complementary strengths, mutual benefit, and shared development, which is in the overall interests of the Company and its shareholders.