Cooperation Agreement with ZZC

Rhea-AI Summary

Garden Stage (NASDAQ: GSIW) subsidiaries, I Win Securities and I Win Asset Management , have entered into a strategic cooperation agreement with ZZC International (Group) ZZC, a key player in the 'Haopin China' campaign, focuses on helping Chinese brands expand globally. The partnership covers capital markets consulting, security transactions, client introductions, family offices, and external asset management.

This collaboration aims to share resources, introduce working partners, and conduct joint promotional activities such as forums and workshops on global capital markets and cross-border regulatory frameworks. The agreement is expected to create new business opportunities for I Win through ZZC's extensive network of business partners.

Positive

• Strategic partnership with ZZC International, a key player in the 'Haopin China' campaign
• Potential for new business opportunities through ZZC's extensive network
• Expansion of services into capital markets consulting and client introductions
• Joint promotional activities to enhance market presence

Negative

• None.

Insights

Financial Analyst

This strategic partnership between I Win and ZZC International presents a potentially significant opportunity for Garden Stage (NASDAQ: GSIW). The collaboration covers important financial areas, including capital markets consulting and security transactions, which could expand GSIW's client base and revenue streams. However, the actual financial impact remains uncertain without specific revenue projections or investment details.

The partnership with ZZC, a key player in the "Haopin China" campaign, could provide GSIW with access to Chinese companies looking to expand internationally. This aligns well with GSIW's existing services and could enhance its competitive position in the Hong Kong financial services market. Investors should monitor future announcements for concrete financial outcomes and key performance indicators resulting from this cooperation.

Market Research Analyst

The collaboration between I Win and ZZC taps into the growing trend of Chinese brands expanding globally. This strategic move could position Garden Stage (GSIW) as a key facilitator in cross-border financial services for Chinese companies. The partnership's focus on joint promotional activities and knowledge sharing could enhance GSIW's brand visibility and thought leadership in the industry.

However, investors should note that success depends on the execution of these initiatives and the actual demand from Chinese companies for overseas expansion services. The regulatory landscape for cross-border financial services remains complex, which could present both opportunities and challenges for GSIW. Keep an eye on how this partnership translates into tangible market share gains and revenue growth in the coming quarters.

Hong Kong, Sept. 13, 2024 (GLOBE NEWSWIRE) -- I Win Securities Limited and I Win Asset Management Limited (“I Win”), both being wholly-owned subsidiaries of Garden Stage Limited (NASDAQ: GSIW) (“Garden Stage”), announced today that various strategic initiatives have been agreed with ZZC International (Group) Limited ("ZZC"), a company incorporated in Hong Kong. ZZC is one of the main executing entities of the “Haopin China” ( “好品中国”) campaign of which the main focus is to help Chinese brands and companies go overseas.

These strategic initiatives cover major financial topics such as capital markets consulting, security transactions, introduction of clients, family offices and external asset management.

Under this agreement, I Win and ZZC will work closely together to share common resources and ZZC will introduce working partners to I Win in compliance with the regulatory framework. The two companies will conduct joint promotional activities on a regular basis, such as forums and workshops, on relevant topics including global capital markets and cross-border regulatory framework.

It is a great pleasure, after rounds of negotiations, ZZC has become a strategic partner of I Win and this cooperation will create a win-win situation for I Win’s clients and ZZC’s business partners. The depth and intensity of ZZC’s business partners are astonishing and there will be a lot of added business opportunities for I Win.

Garden Stage is a Hong Kong-based financial services provider principally engaged in the provision of (i) placing and underwriting services; (ii) securities dealing and brokerage services; and (iii) asset management services.

Contact Investor Relations Department
Email: ir@iwinsec.com
Website: https://www.iwinsec.com
Tel: 2688 6333
Fax: 3007 3100
Address: Room 3001-3002, 30/F, China Insurance Group Building, 141 Des Voeux Road Central, Central, Hong Kong

FAQ

What is the strategic partnership between Garden Stage (GSIW) and ZZC International?

Garden Stage's subsidiaries, I Win Securities and I Win Asset Management, have entered into a strategic cooperation agreement with ZZC International, covering capital markets consulting, security transactions, client introductions, family offices, and external asset management.

How will the partnership between GSIW and ZZC benefit Garden Stage ?

The partnership is expected to create new business opportunities for Garden Stage through ZZC's extensive network of business partners, shared resources, and joint promotional activities in global capital markets and cross-border regulatory frameworks.

What is the 'Haopin China' campaign mentioned in relation to GSIW's new partnership?

The 'Haopin China' campaign, led by ZZC International, focuses on helping Chinese brands and companies expand overseas. Garden Stage's partnership with ZZC aligns with this initiative, potentially opening up new markets for the company.

What services does Garden Stage (GSIW) primarily offer?

Garden Stage is a Hong Kong-based financial services provider primarily offering placing and underwriting services, securities dealing and brokerage services, and asset management services.