Crown Mart Holdings (01872) subsidiary signs a memorandum of understanding with Hangzhou Huashen Network Technology to promote Artificial Intelligence (AI) scalp massage comb (AI comb) and related consumable products.

Zhijing Finance APP news, Crown Arch Holdings (01872) announced that on June 15, 2026, the company's indirect wholly-owned subsidiary Shenzhen Groland Health Technology Co., Ltd. (Shenzhen Groland) entered into a non-legally binding memorandum of understanding with Hangzhou Huashen Network Technology Co., Ltd. (business partner). The memorandum of understanding states that the parties intend to establish a long-term strategic cooperation relationship to jointly develop online sales channels and enhance the brand awareness of the "Groland" product series in the Chinese market, focusing on promoting the artificial intelligence (AI) scalp massage comb (AI comb) and its related consumables.