On the evening of December 23, Guizhou Bailing announced that it planned to sign a "Strategic Supply Agreement" with Jiuzhoutong . The two parties reached an agreement on Guizhou Bailing's priority in guaranteeing the supply of four major categories of anti-epidemic products, cough quick-stop syrup, by Jiuzhoutong and its subsidiaries. The agreement period is from December 26, 2022 to December 25, 2023, and the cooperation goal is 500 million yuan.
Guizhou Bailing pointed out in the announcement that the cooperation target between the two parties is 500 million yuan, accounting for 16.07% of the company's audited operating income in 2021, and is expected to have a positive impact on the company's operating income and profits in 2023. Niu Min, general manager of Guizhou Bailing, added to the Securities Daily reporter: "This strategic supply guarantee agreement is the largest order ever signed for a single product of Kesu Stop syrup. According to the sales data of the previous year, this guaranteed supply order will directly promote the sales scale of Kesu Stop syrup single product to achieve leapfrog growth."
(Source: Securities Daily)
[Source: Jiupai News Comprehensive]
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