蜜桃传媒 hereby announces that it has dissolved the business alliance with TOA CORPORATION effective October 25, 2022. Brief details are provided as follows.
锛戯紟Reasons for dissolving alliance
HAZAMA ANDO entered into a business alliance with TOA CORPORATION with the aim of expanding and enhancing the efficiency of its business in mutual fields by maximizing the use of complementary technologies and engaging in joint research and development on September 19, 2002. The decision to dissolve the alliance was made after achieving the desired objectives and experiencing a downturn in opportunities in recent years.
2锛�Date of alliance dissolution
October 25, 2022
3锛�Overview of the counterparty to the alliance dissolved
4锛�Other
The dissolution of the business alliance will have no impact on the Company鈥檚 business results.