Announces Its Strategic Partnership with Guizhou Zhongke Molecular Biotechnology Co., Ltd
Rhea-AI Summary
CL Workshop Group (Nasdaq:NWGL) announced a strategic cooperation with Guizhou Zhongke Molecular Biotechnology to jointly build and expand a dealer sales system and channel network.
Under the agreement, both parties will collaborate on dealer recruitment, training and certification, channel policy and compliance, market support, digital dealer management, and operational synergy to improve market coverage and standardized, large-scale sales development in key regions.
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Market Reaction – NWGL
Following this news, NWGL has gained 8.40%, reflecting a notable positive market reaction. Argus tracked a peak move of +7.5% during the session. Argus tracked a trough of -14.8% from its starting point during tracking. Our momentum scanner has triggered 4 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $1.42. This price movement has added approximately $2M to the company's valuation.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
Market Reality Check
Peers on Argus
NWGL was up about 1.52% ahead of the partnership news, while momentum peers HUDI and SNES showed stronger upside moves of about 4.35% and 4.65% without same-day news. Scanner data flags this as a stock-specific move rather than a broad Basic Materials rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 29 | Interim results | Neutral | -2.2% | Reported lower revenue but a small profit versus prior loss. |
| Dec 16 | AGM approvals | Neutral | -1.3% | Approved name change, share reorganisation and new governing documents. |
| Nov 03 | Management changes | Neutral | +1.4% | Multiple senior officers resigned and new CEO, CFO, CSO appointed. |
| Oct 22 | Change in control | Neutral | -1.3% | Private transfer of 86.82% of shares changed the controlling shareholder. |
Over the last four disclosed events, three corporate/financial updates were followed by modest declines and one by a small gain, indicating mixed but generally muted reactions to news.
Recent disclosures for NWGL/CL Workshop centered on corporate restructuring and financial cleanup. On Oct 22, 2025, a private transfer of approximately 86.82% of shares led to a new controlling shareholder. Leadership changes followed on Nov 3, 2025. The Dec 16, 2025 AGM approved a name change to CL Workshop Group and a large share reorganization, and unaudited interim results on Dec 29, 2025 showed revenue declines but a small profit. Today’s partnership news fits into a broader strategic repositioning effort.
Market Pulse Summary
The stock is up +8.4% following this news. A strong positive reaction aligns with a backdrop where NWGL traded about 80% below its $6.61 52-week high and just under its $1.34 200-day MA ahead of the news. Past events produced only modest price moves, even around major control and governance changes, so a large jump on this partnership could reflect rerating expectations. Investors would need to weigh execution on the new sales channels against prior revenue pressure and restructuring history.
AI-generated analysis. Not financial advice.
NEW YORK CITY, NY AND MACAU, CHINA / ACCESS Newswire / February 23, 2026 / CL Workshop Group Limited (the "Company") (Nasdaq:NWGL), a global leading vertically-integrated forestry company headquartered in Macau, today announced that it has reached a strategic cooperation with Guizhou Zhongke Molecular Biotechnology Co., Ltd. ("Zhongke Molecular"). Both parties will jointly build and expand the dealer sales system and channel network.
Under the cooperation framework, both parties plan to collaborate in areas such as dealer recruitment and access, training and certification, channel policies and compliance management, market support and material empowerment, as well as dealer management processes (including digital management and operational synergy) to enhance the market coverage efficiency and terminal reach capacity in key regions, and promote the large-scale and standardized development of the sales system.
About CL Workshop Group Limited
We are a global leading vertically-integrated forestry company headquartered in Macau that focuses on FSC business operations. Our operations cover both up-stream forest management and harvesting, and down-stream wood-processing and distribution. We offer a broad line of products through our worldwide network. In addition, we intend to capture the significant growth in the carbon market through carbon asset development, carbon trading and other related business by taking the advantage of our own concession rights reserves and professional FSC forest management team.
Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC, which are available for review at www.sec.gov.
For investor and media inquiries, please contact:
Name: Wang Hong
Title: CFO
Email: nwglwh@163.com
SOURCE: CL Workshop Group Ltd
View the original press release on ACCESS Newswire
FAQ
What did NWGL announce on February 23, 2026 with Guizhou Zhongke Molecular?
How will the NWGL and Zhongke Molecular partnership affect dealer recruitment and training?
Will NWGL's cooperation with Zhongke Molecular include digital dealer management?
What regions will NWGL and Zhongke Molecular target with their expanded channel network?
What business areas will NWGL and Zhongke Molecular collaborate on under the agreement?
