Among them, Baitu Group will establish a joint venture with country code philippines mobile BBK to conduct "strict product selection" and create its own brand of goods, committed to establishing global supply chain advantages; Foreign Trade Trust (jointly with Sinochem Agriculture) will optimize the fresh food supply chain; Xiangtan Electric Chemical Industry Investment will rely on the strength of local state-owned enterprises to introduce high-quality grain resources; Wumart Group and Boya Chunya will play their advantages in supply chain integration, brand empowerment and digital retail. These investors will bring rich industrial resources and strategic support to BBK, help it accelerate its transformation and upgrading, and jointly build a full-chain ecosystem for retail operations. The remaining transferred shares will be used to repay various debts and fully protect the interests of creditors.
It is worth noting that the lock-up period arrangement of the stocks obtained by industrial investors in this capital reserve transfer also reflects their long-term commitment to BBK. Except for the lock-up period of 24 months for China Foreign Trade Trust (jointly with Sinochem Agriculture), the lock-up period of the other three investors, White Rabbit Group, Xiangtan Electric Chemical Investment, Wumart Group and Boya Chunya, is 36 months. This arrangement further demonstrates the firm attitude and confidence of industrial investors to deeply integrate with BBK and help its transformation and development in the long term.