According to Zhitong Finance App, Itali Holdings (00720.HK) announced that on August 20, 2026, B-On Global S.à r.l. (“B-On Global”), the company and the Jiangsu Changzhou Economic Development Zone Management Committee (“Jiangsu Changzhou Economic Development Zone”) signed a strategic framework agreement (“Strategic Framework Agreement”). Based on this, the parties agreed to enter into a strategic framework agreement (“Strategic Framework Agreement”) in Changzhou, Jiangsu Province, the People's Republic of China (“China”) The city is jointly developing a new energy mobile commercial ecosystem as the first pilot site deployed nationwide.