On March 7, 2024, in the conference room of Zhongnan Diamond Co., Ltd., Huifeng Diamond Co., Ltd. and Zhongnan Diamond Co., Ltd. held a signing ceremony for a strategic cooperation and product sales framework agreement. Liu Qiankun, general manager and deputy party secretary of Zhongnan Diamond Co., Ltd., Zhang Shuai, deputy general manager, and Kang Fangfang, general manager of Huifeng Group Supply Center, witnessed the signing of the cooperation agreement.
Before the ceremony, the two parties had a pleasant discussion and exchange. They believed that this cooperation was a strategic agreement on the willingness of both parties to cooperate. It was also the achievement of a good cooperative relationship between the two parties based on their respective advantages in technology, resources, capital, etc. This cooperation has It is conducive to realizing in-depth cooperation between the upstream and downstream of the industrial chain and jointly promoting the application and industrialization process of industrial diamond.
During the strategic cooperation period, Huifeng Diamond or its designated entities purchase Zhongnan Diamond Industrial diamonds and other products. Zhongnan Diamond shall ensure the company’s product supply and purchase cost optimization, enhance the overall competitiveness of both parties, and promote common and sustainable development. At the same time, we will actively expand cooperation space in other directions to achieve complementary resource advantages and product and service upgrades.
The “Product Sales and Purchase Framework Agreement” signed by both parties stipulates that during the validity period of the agreement, Huifeng Diamond will purchase industrial diamonds and other products (models include 2110, 2120, 2130, 2140) from Zhongnan Diamond every year, with an estimated amount of RMB 200 million. The specific purchase and sales The quantity and amount shall be subject to the actual quantity and amount of product purchase and sales orders issued by both parties.
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