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Fenglin Group (601996.SH) and Huitong Resources signed a “Cooperation Agreement”

Zhitongcaijing·12/22/2025 09:33:03
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Zhitong Finance App News, Fenglin Group (601996.SH) announced that the company recently signed a “Cooperation Agreement” with Huitong Resources International Limited (“Huitong Resources”), a wholly-owned subsidiary of the Hong Kong listed company Credit Insurance Global Holdings Limited (0723.HK). Through friendly negotiations between the two parties, the company and Huitong Resources jointly developed the EU wood-based panel and related product market during the cooperation period, enhance the market share and brand influence of the two sides in the EU; establish an efficient EU sales and service network to provide customers with high-quality products and services; and explore deeper industrial cooperation, including but not limited to establishing sales points, product distribution, supply chain integration, and potential future joint ventures.

The company authorized Huitong Resources in Romania, Serbia, Croatia, Germany, France and Italy in the EU region as a regional agent for the company's wood-based panel product cooperation period.