2065438+On June 9, 2003/KLOC-0, Zhejiang Mason Clothing Co., Ltd. (stock code 002563) announced that it had signed a framework agreement with Zhejiang Zhongzhe Holding Group Co., Ltd. and would inject part of the equity of Ningbo Zhongzhe Mu Shang Holding Co., Ltd.
Zhejiang Mason Clothing Co., Ltd. signed a joint venture contract with South Korean clothing company Sisun International Co, Ltd. (Chinese registered name: Vision Fashion Co., Ltd.), and plans to set up a joint venture company, Shanghai Summer Clothing Co., Ltd., to operate the it MICHAA brand of Vision Fashion. The insiders believe that the establishment of a joint venture between Mason Clothing and South Korea's Vision Fashion has improved the company's brand layout in mid-to high-end women's wear and will promote the implementation of the company's multi-brand strategy.