NF Energy Saving Corp: Jumps on partnership agreement

BIMI Holdings

21/10/2019 15:14

** Shares of China-based energy company  BIMI.O  up ~25% at
$7.03; set for three-day winning streak 
    ** BIMI's subsidiary Boqi Zhengji Pharmacy Chain agrees to
enter into a partnership with Chongqing Shude Pharmaceutical
Company to build a joint membership system and drive revenue
growth in Southwest China  urn:newsml:reuters.com:*:nGNX9l46FH
    ** Under the agreement, Boqi Zhenji will develop a joint
membership database and Chongqing Shude would use its
distribution channels to promote joint membership cards and
develop 300,000 joint members before October 31, 2020 - BIMI
    ** Company among best performers across all U.S. exchanges 
    ** Despite session's gains, stock down ~55% YTD 

 (Reporting by Abhishek Manikandan in Bengaluru)
 ((Abhishek.Manikandan@thomsonreuters.com))