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Monday, 4 March 2019, 14:26 HKT/SGT

Source: GTI Holdings Limited
GTI Enters Into MOU with Constant Gain And Initially Reached A Strategic Cooperation

HONG KONG, Mar 4, 2019 - (ACN Newswire) - GTI Holdings Limited ("GTI" or the "Group"; Stock Code: 03344.HK) announced that the Group has entered into the MOU with Hong Kong's leading textile company Constant Gain International Limited ("Constant Gain") and reached a strategic cooperation initially. The cooperation will further strengthen the competitive advantages on textile as a core business of the Group, as well as the Group's leading position in the industry.

Constant Gain is a limited company incorporated in Hong Kong. The company is principally engaged in the business of manufacturing, research and development and design, whole sale and trading. It mainly sales and retails its self-owned brand COPA in Hong Kong, Macau, Mainland China and Southeastern countries; and acts as the agent of the licensed brands, such as Disney, Universal Studios, Sanrio and other renowned brands, in Hong Kong and Macau.

GTI is committed to expanding its business in textiles and manufacturing industries, increasing sales channels and enhancing the brand awareness, so as to benefit the Group further in the future. The signing of the MOU with Constant Gain is of strategic significance for the future cooperation between the two companies, and will drive GTI as well as Constant Gain to achieve win-win cooperation in brand development and sales network expansion.

About GTI Holdings Limited
GTI Holdings Limited is an investment holding company principally engaged in the business of textile, financial and petroleum. The segment of textile products engages in production and sale of textile products; the financial service segment provides asset management services, while the petroleum trading segment engages in petroleum trading and also provides professional services for the petroleum industry.

For media inquiries, please contact Frement Financial Relations Limited:
Ms Ellen Sun Tel.: (852) 5533 2766 Email: ellen@frement.com
Ms Matilda Tang Tel.: (852) 6410 6699 Email: matilda@frement.com

Topic: Press release summary
Source: GTI Holdings Limited

Sectors: Daily Finance, Daily News
From the Asia Corporate News Network

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