On October 29, 2025, China Global Procurement Group Co., Ltd. (hereinafter referred to as "Quancai Group") and VitaNu GmbH i.g., a leading European biomedical retail group, jointly announced the official signing of a strategic cooperation agreement. This cooperation aims to give full play to their respective core advantages, establish a long-term and stable strategic partnership in the China-Europe pharmaceutical and health field, and work together to create outstanding value for consumers and medical institutions in both countries, as well as jointly blueprint a new future for the industrial development.

Against the backdrop of in-depth changes in the global economic and trade pattern, this cooperation is a joint choice of both parties to conform to the trend of the times and embrace the development opportunities brought by the "Belt and Road" Initiative. Through the alliance of strong partners, both parties are committed to exploring new cooperation paths and business models, effectively addressing market challenges, and jointly expanding the broad market of China-Europe pharmaceutical and health industry.

Zhang Xueliang, Chairman of the Board of Directors of Quancai Group, stated at the signing ceremony: "We are very honored to join hands with a powerful European industry leader like VitaNu. The achievement of this strategic cooperation marks a crucial step in Quancai Group's global layout. We believe that through complementary advantages and resource coordination, we can build a solid bridge connecting the China-Europe health markets. This not only conforms to the long-term development interests of both enterprises but also will benefit the people's health in both countries."

Mr. Abdalmeneim Zourob, founder of VitaNu GmbH i.g., has high expectations for this cooperation: "Quancai Group is an indispensable and ideal partner for us to enter the Chinese market. We have full confidence in the professional capabilities and strategic vision of the Quancai team. This cooperation goes far beyond simple business transactions; it represents the common vision of the two companies for the future development of the industry. We look forward to jointly tapping the huge potential of the China-Europe market and creating a win-win situation through this in-depth collaboration."

This strategic signing has laid the foundation for both parties to deepen cooperation in multiple fields and dimensions in the future. Both parties have agreed to establish an efficient implementation and coordination mechanism to ensure the smooth progress of the cooperation and continuously explore broader cooperation space.