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Addentax signs non-binding MOU with Yingbin Brand for supply chain cooperation in China
ADDENTAX GROUP CORP.
- Non-binding MOU with Shenzhen Yingbin Brand Development Co., Ltd. announced on Nov 21, 2024.
- Cooperation targets brand, product, and marketing supply chain services; no financial terms disclosed.
- MOU sets framework for future formal contracts; specifically states it is not legally binding.
- Addentax will leverage its logistics network; Yingbin Brand offers brand management expertise.
- Partnership described as a 'first step' toward long-term collaboration; no timeline given.