Dalian, China, April 14, 2022 (GLOBE NEWSWIRE) — SavMobi Know-how, Inc., (OTC : SVMB) a Nevada company (“SVMB” or the “Firm”) entered right into a Memorandum of Understanding (the “MOU”) with Dalian Yuanmeng Media Co., Ltd, an organization registered beneath the legal guidelines of Folks’s Republic of China (“Yuanmeng”), respectively. Pursuant to the MOU, Yuanmeng agreed to offer their shopper base so as to collaborate with SVMB to discover the China E-commerce market. The revenue sharing ratio shall be 50:50 between SVMB and Yuanmeng.
The Firm is at the moment working in provision of economic cell technical help providers in China. The Firm expects the collaboration will enhance the competitiveness locally of Dalian, China after the reduction of present COVID lock-down state of affairs.