Cooperation Agreement with ZZC
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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.
Details
News Market Reaction – GSIW
The recorded move for GSIW in the trading session of this news was -75.49%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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