Ann: USD40 million Strategic Partnership with Theland China, page-47

in this sector, no one will put this amount of money in binding contract even with Bega cheese or cocacola ,in this sector the dominant is purchase orders , as there so many factors playing like demand, raw materials , shipping, there's no retail giant in the world will rely on one supplier or tie up 40m to one location that's why it's called MOU .
check Phizer deals , moderna etc , non are contract non are binding , this how the game plays here , love it or leave it .