Co-operational Agreement For Greater Expansions in China

English Text :

Co-operational Agreement For Greater Expansions in China

On April 18, 2017, the HSGE Agricultural Technology Co., Ltd. and DXN Corporation (Ningxia) Co., Ltd., which is the China subsidiary of Malaysia's top health supplements manufacturer, DXN Holdings Bhd., signed a strategic co-operational agreement. The Head of HSGE Agricultural Technology Co., Ltd., Wang Haiyu and the founder of DXN Holdings Bhd., Dato' Dr. Lim Siow Jin, signed the agreement, witnessed by the representative from DXN Corporation (Ningxia) Co., Ltd., and General Manager Su Peng from Qingdao Rongsheng Microalgae Biotech Co., Ltd.

Upon signing of this strategic co-operational agreement, both parties will form a joint sales plan, within domestic and regional markets, and establish location for sales and related import and export business resources, as well as cooperation in promoting the cultivation and high-precision processing technology of Haematococcus pluvialis, astaxanthin, Ganoderma lucidum, and integrated import and export, and sales of edible fungus, north tea, and Lumbrokinase.

As an industry leader in cultivation, manufacturing and marketing of health supplements in Malaysia, DXN Group is ranked as the Top 24 direct selling company worldwide. DXN Group was founded in 1993 by Dato' Dr. Lim Siow Jin, with headquarters in Malaysia. DXN Group is wholly owned and managed by DXN Holdings Bhd. Although DXN has diversified its business, its core business includes planting, manufacturing and marketing of Ganoderma-based health supplements. Other important businesses include property, renewable energy, and information technology. Under the "One World One Market" business concept, DXN has successfully penetrated into more than 180 countries with 6.5 million members around the world.