The board announced that, on 28 September 2023, Weiqiao Textile Company Limited entered into the 2023 Cotton Yarn, Grey Fabric and Denim Supply Agreement with the parent company for a term of three years commencing on 1 January 2024 and ending on 31 December 2026 (both days inclusive), pursuant to which the Company will continue to supply or procure its subsidiaries to supply cotton yarn, grey fabric and denim to the Parent Group. The terms and conditions of the 2023 Cotton Yarn, Grey Fabric and Denim Supply Agreement are basically the same as those of the Renewed Cotton Yarn, Grey Fabric and Denim Supply Agreement.