[ET Net News Agency, 9 April 2021] China Asia Valley Group Limited (00063) said China
Asia Valley Property Management (Shenzhen) Co., Ltd. (CA Property Management, a subsidiary
of the company) has entered into a strategic cooperation agreement with Shenzhen Xinzhou
City Property Management Co., Ltd. (Xinzhou City).
CA Property Management and Xinzhou City shall, on the basis of optimizing traditional
property services, collectively explore the development of modern property value-added
services, such as the utilization of "big data" and technology with a view of formulating
a property management model that could fulfil the sense of comfortability, happiness and
satisfaction of users. CA Property Management and Xinzhou City also expect to carry out a
deepened cooperation in the aspects of property services personnel, technology and
knowledge, including but not limited to mutual visits, exchanges and learning. The term of
cooperation is three years, which may be extended by written agreement to be entered into
by both parties. (RC)