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On June 25, C&D Inc.  (600153.SH) and its wholly owned subsidiary, C&D Merchandise, were honored to participate in the ground-breaking ceremony for the Luckin Coffee (Xiamen) Innovation Industrial Park, as well as the Luckin China-Brazil Coffee Culture Exchange Forum.

In recent years, C&D and Luckin have significantly enhanced their collaboration, particularly in the procurement of Brazilian coffee beans. Utilizing its expertise in international trade and logistics, C&D offers comprehensive supply chain services to Luckin and its upstream and downstream partners. These services cover the provision of coffee and other food ingredients, management of bonded warehousing across multiple ports, delivery, and logistics support. By sourcing directly from the origin, C&D ensures rigorous quality control and effective pricing management, thereby continuously optimizing and upgrading the coffee supply chain to address the varied requirements of both domestic and international markets. Furthermore, C&D Inc.'s C&D Merchandise has attained "Rainforest Alliance" certification for its coffee beans and has established its first coffee laboratory. These initiatives are instrumental in promoting innovative transformation at the source, while also addressing climate challenges, enhancing the livelihoods of coffee-growing communities, preserving biodiversity, and providing high-quality, tailored coffee products.

In preparation for the forthcoming 2026 "China-Brazil Year of Culture," C&D Inc. and its subsidiary, C&D Merchandise, will collaborate with partners such as Luckin Coffee. Together, with "a single green coffee bean," they aspire to cultivate a prosperous chapter of mutually beneficial cooperation within the China-Brazil coffee industry, embracing a promising "golden future."