Aumake's Tripartite Wine Sales Agreement and Purchase Order Announcement

Aumake Limited (ASX:AUK) has entered a three-year non-binding tripartite sales and distribution agreement with the Hunter Valley Wine & Tourism Alliance Pty Ltd and Guangxi Dimples High-Quality Goods Import and Export Trade CO., LTD to distribute, promote, and sell wines from Australia's Hunter Valley region into China. The agreement aims to generate up to A$25.5M in total sales by 2027, with Aumake also securing a purchase order worth A$634,194.76 from China Southern Air Cross Border E-Commerce (Hainan) Co., Ltd for Australian wine.

Executive Commentary on Aumake's Strategic Initiatives

We are proud to announce the signing of a tripartite cooperation agreement with the Hunter Valley Wine & Tourism Alliance and Guangxi Dimple Story. This partnership is a crucial step in expanding our presence in the lucrative Chinese market, enabling us to promote and distribute high-quality wines from Australia's Hunter Valley region. The projected sales of up to A$25.5 million over the next three years highlight the growth potential we see in this collaboration, which will significantly contribute to our financial performance and help Aumake achieve profitability in FY25. Dimple Story's logistics expertise and the Hunter Valley Alliance's commitment to quality production position us well to meet Chinese consumer demands. Additionally, the recent purchase order from China Southern Airlines validates our strategy and enhances our distribution capabilities through their extensive e-commerce platform. We believe this partnership, along with our existing procurement framework with Yangtze River, will diversify Aumake's revenue streams and deliver exceptional value to our shareholders. We are excited about the opportunities this alliance presents and are committed to maximizing the potential of our initiatives.

Summary of Aumake's Announcement and Outlook

Aumake Limited (ASX:AUK) has made significant strides in expanding its market presence by entering a tripartite wine sales agreement and securing a purchase order from China Southern Air Cross Border E-Commerce. The three-year agreement aims to generate up to A$25.5M in total sales by 2027, demonstrating the company's commitment to diversifying its revenue profile into high-margin sales initiatives. The partnership with Hunter Valley and Dimple Story, along with the recent purchase order, validates Aumake's strategic direction and enhances its distribution capabilities. With a focus on the lucrative Chinese market, Aumake is well-positioned to meet consumer demands and achieve profitability in FY25. These strategic initiatives align with the company's ambitions to deliver exceptional value to its shareholders and maximize the potential of its partnerships.