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MDJM LTD (NASDAQ:MDJH) (the "Company" or "MDJM"), an integrated global culture-driven asset management company, today announced that its wholly owned subsidiary, Mansions Catering and Hotel LTD ("Mansions"), a United Kingdom company, wholly owned by our wholly owned subsidiary, MD Local Global Limited, a United Kingdom company, has entered into a strategic cooperation agreement with Chongqing Tu Bi Business Management Co., Ltd. ("Chongqing Tu Bi"), an incubator of cultural and creative projects and brands based in China. This partnership marks a milestone in MDJM's ongoing strategy to integrate cultural arts into its portfolio and expand its cultural business initiatives.
Under the agreement, Mansions and Chongqing Tu Bi will leverage their mutual interests and resources in the arts to enhance artistic communication, develop cultural and creative products, and engage in capital operations to boost both parties' business development. The collaboration will involve the regular organization of artistic activities with the exchange of artworks and artistic ideas, including workshops, lectures, art exhibitions, and artist-in-residence programs, with an aim to foster interaction between artists and to enhance cultural exchanges.
Posted In: MDJH