Oriental Yuhong signed a strategic cooperation framework agreement with JD Century

On the evening of July 20, 2022, Dongfang Yuhong (002271.SZ) signed a strategic cooperation framework agreement with Beijing Jingdong Century Trading Co., Ltd.

In order to give full play to the accumulation and advantages of their respective fields, we jointly build an ecosystem of home improvement and building materials and building repair industries "online+offline", "commodity+supply chain+performance service"; at the same time, in order to further realize company building construction The brand empowerment and channel empowerment of the building materials system service system to create differentiated communication advantages.

Beijing Jingdong Century Trading Co., Ltd. (hereinafter referred to as "Jingdong Century", with JD Group Co., Ltd. and its controls below, "Jingdong") and the company recently signed the "Strategic Cooperation Framework Agreement".

As the representatives of Jingdong Group and Dongfang Yuhong, the two parties adhere to the principle of "complementary advantages and win -win cooperation", and reached an agreement on the establishment of strategic partnerships between Jingdong Group and Oriental Yuhong. In -depth cooperation in the direction of supply chain empowerment, digital supply chain consulting and informatization services.

Specific cooperation contents include logistics business (basic logistics, intelligent supply chain), home business (offline store stores and commodity supply chain cooperation, Yuhong arrival business, service commercialization, co -construction product quality certification standards, Jingdong Mall marketing), enterprise business business), enterprise business business) (Oriental Yuhong General Material Procurement, Yuhong to home auxiliary materials procurement and repair business recommendation, Dongfang Yuhong Group product marketing material procurement), industrial business (industrial material procurement cooperation, digital technology cooperation), and ecological co -construction Further improve the efficiency of the industrial chain and customer experience, and work together to create a new journey of high -quality development of consumer building materials and services.

This agreement will take effect from the date of signing the two parties and the legal representative or authorized agent of both parties. The period of strategic cooperation is three years. From the date of effect, the two parties will be extended by the two parties after the expiration of the cooperation period.

Dongfang Yuhong said that this cooperation will rely on the integrated supply chain capabilities accumulated in the logistics business of JD Group to continuously optimize and upgrade the company's product warehousing and logistics distribution, logistics and distribution, and the system of logistics. More convenient and high -quality logistics service experience.

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