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Cooperation Agreement with ZZC

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Garden Stage (NASDAQ: GSIW) subsidiaries, I Win Securities and I Win Asset Management , have entered into a strategic cooperation agreement with ZZC International (Group) ZZC, a key player in the 'Haopin China' campaign, focuses on helping Chinese brands expand globally. The partnership covers capital markets consulting, security transactions, client introductions, family offices, and external asset management.

This collaboration aims to share resources, introduce working partners, and conduct joint promotional activities such as forums and workshops on global capital markets and cross-border regulatory frameworks. The agreement is expected to create new business opportunities for I Win through ZZC's extensive network of business partners.

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Positive

  • Strategic partnership with ZZC International, a key player in the 'Haopin China' campaign
  • Potential for new business opportunities through ZZC's extensive network
  • Expansion of services into capital markets consulting and client introductions
  • Joint promotional activities to enhance market presence

Negative

  • None.

News Market Reaction 1 Alert

-75.49% News Effect

On the day this news was published, GSIW declined 75.49%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Hong Kong, Sept. 13, 2024 (GLOBE NEWSWIRE) -- I Win Securities Limited and I Win Asset Management Limited (“I Win”), both being wholly-owned subsidiaries of Garden Stage Limited (NASDAQ: GSIW) (“Garden Stage”), announced today that various strategic initiatives have been agreed with ZZC International (Group) Limited ("ZZC"), a company incorporated in Hong Kong. ZZC is one of the main executing entities of the “Haopin China” ( “好品中国”) campaign of which the main focus is to help Chinese brands and companies go overseas.

These strategic initiatives cover major financial topics such as capital markets consulting, security transactions, introduction of clients, family offices and external asset management.

Under this agreement, I Win and ZZC will work closely together to share common resources and ZZC will introduce working partners to I Win in compliance with the regulatory framework. The two companies will conduct joint promotional activities on a regular basis, such as forums and workshops, on relevant topics including global capital markets and cross-border regulatory framework.

It is a great pleasure, after rounds of negotiations, ZZC has become a strategic partner of I Win and this cooperation will create a win-win situation for I Win’s clients and ZZC’s business partners. The depth and intensity of ZZC’s business partners are astonishing and there will be a lot of added business opportunities for I Win.

Garden Stage is a Hong Kong-based financial services provider principally engaged in the provision of (i) placing and underwriting services; (ii) securities dealing and brokerage services; and (iii) asset management services.

Contact Investor Relations Department
Email: ir@iwinsec.com
Website: https://www.iwinsec.com
Tel: 2688 6333
Fax: 3007 3100
Address: Room 3001-3002, 30/F, China Insurance Group Building, 141 Des Voeux Road Central, Central, Hong Kong


FAQ

What is the strategic partnership between Garden Stage (GSIW) and ZZC International?

Garden Stage's subsidiaries, I Win Securities and I Win Asset Management, have entered into a strategic cooperation agreement with ZZC International, covering capital markets consulting, security transactions, client introductions, family offices, and external asset management.

How will the partnership between GSIW and ZZC benefit Garden Stage ?

The partnership is expected to create new business opportunities for Garden Stage through ZZC's extensive network of business partners, shared resources, and joint promotional activities in global capital markets and cross-border regulatory frameworks.

What is the 'Haopin China' campaign mentioned in relation to GSIW's new partnership?

The 'Haopin China' campaign, led by ZZC International, focuses on helping Chinese brands and companies expand overseas. Garden Stage's partnership with ZZC aligns with this initiative, potentially opening up new markets for the company.

What services does Garden Stage (GSIW) primarily offer?

Garden Stage is a Hong Kong-based financial services provider primarily offering placing and underwriting services, securities dealing and brokerage services, and asset management services.
Garden Stage Ltd.

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