Fenglin Group (601996.SH) signed a "Cooperation Agreement" with Huitong Resources.

China Fortune Financial APP News, Fenglin Group (601996.SH) announced that the company recently signed a "Cooperation Agreement" with Huitong Resources International Limited, a wholly-owned subsidiary of Hong Kong-listed company Sinobo Environmental Protection Holding Limited (0723.HK). Through friendly negotiations, the company and Huitong Resources will jointly explore the European Union artificial board and related product markets during the cooperation period, enhance the market share and brand influence of both parties in the European Union; establish an efficient EU sales and service network to provide customers with high-quality products and services; explore deeper industrial cooperation, including but not limited to establishing sales points, product consignment sales, supply chain integration, and the possibility of future joint venture factories.