Wai Chun Bio-Technology (00660.HK): Appointed Exclusive Overseas General Agent for China's Leading Crane Manufacturer; Three-Year Agreement

NewTimeSpace News: Wai Chun Bio-Technology Limited (stock code: 660) announced that on 5 August 2026, it signed an Exclusive Overseas General Agency Agreement with Henan Mine Crane Co., Ltd., under which the company was appointed as the exclusive overseas general agent for crane and mining equipment products globally (excluding mainland China).

The agreement term is three years from 5 August 2026 to 5 August 2029, with priority renewal rights under equivalent conditions. The authorized products include "Kuangyuan" brand bridge cranes, gantry cranes, electric hoists and related mining equipment. The licensor, a leading Chinese crane manufacturer with annual revenue of approximately RMB 6.5 billion, will provide competitive "authorized agency floor prices"; the company has the right to independently determine final sales prices, with all sales premiums belonging to the company.

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