China Beidahuang Partners to Launch Konjac Foods Venture

China Beidahuang Industry Group Holdings Ltd. (HK:0039) has released an update.

China Beidahuang Industry Group Holdings Ltd. has announced a strategic partnership to establish Hunan Magic Foods Technology Company, aiming to manufacture and sell a significant volume of konjac-based products. With initial sales reaching approximately RMB13 million, the company sees promising growth prospects in the konjac foods market, potentially boosting long-term profitability and shareholder returns.

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