Tianyun International (6836.HK),’s Acquisition of a Parcel Land in Honghe Prefecture Yunnan Province

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HONG KONG, Dec 22, 2021 – (ACN Newswire) – Tianyun International Holdings Limited (“Tianyun International”, together with its subsidiaries, the “Group”) (Stock Code: 6836.HK), a leading manufacturer of processed fruit products in the People’s Republic of China (“PRC”), today announced the successful acquisition of a parcel of land located in Honghe Prefecture of Yunnan Province, PRC. The land has an area of 130,000 square metres and is located in the Mile Green Food Processing Park. The total consideration is about RMB61. 12 million.

Tianyun International has successfully obtained the parcel of land located in the Mile Green Food Processing Park for setting up the Yunnan Production Base.

As a key step of the Group’s development within the tropical climate zone in China, the Group plans to set up a production base (the “Yunnan Production Base Project”) to further expand its production capacity and sales potential, focusing on manufacturing tropical processed fruits and vegetables, and developing greater synergies with other Group production bases in order to enrich the variety of processed fruits produced and increase market coverage.

The Yunnan Production Base Project is located in the low-latitude plateau area of Yunnan’s Honghe Prefecture, which has a strong reputation as a “Natural Greenhouse” with its low-latitude, and produces a variety of characteristic fruits, including mangoes, pineapples, papaya, pomegranates, grapes and kiwis. The local government has been supportive of the rapid growth of the food processing and green food industries. Yunnan Province is bordered by three countries in Southeast Asia. It has reliable access to PRC shipping ports, which allows it both to reach the ASEAN region and to import products.

The Yunnan Production Base Project is designed to produce a total of 90,000 tonnes of fruit-based products per annum, with the initial focus on the production and sales of canned fruit and vegetable, beverages, and fruit jelly products. Our production base will have stable connections to Vietnam, Myanmar and Laos via a complex network of roads. This will allow for two-way commodity circulation. Further synergies will be created by the Yunnan Production Base project and the Wubei and Shandong Production Bases in the middle, northern and southwest parts of China. In the Yunnan Production Base Project, the Group will set up a processing center, research centre, grading and sales centre as well as a storage and logistics centre.

Mr. Yang Ziyuan, Chairman and CEO of the Group, said; “We are pleased to have strategically acquired the land in Honghe Prefecture of Yunnan Province as it marks the official launch of the Yunnan Production Base Project. The Group is a national high tech enterprise that promotes enterprise sustainability through innovation, technology and in the pursuit of a high-quality, green food brand. The Yunnan Production Base Project will allow the Group to introduce new agricultural products and to purchase more tropical fruit varieties in order to expand its business beyond the PRC’s east, middle and southwest regions.

We are confident that when the Yunnan Production Base Project commences operation, the production capacity of the Group’s products will be increased significantly. We are confident that the Group’s products will be more varied and richer when the Yunnan Production Base Project is in operation. This will allow us to offer a more sustainable business model. “

About Tianyun International Holding Limited (Stock Code: 6836.HK)
Tianyun International Holdings Limited (the “Company”) and its subsidiaries (collectively referred to as the “Group”) are principally engaged in (i) the research and development, production and sales of processed fruit packaged in metal containers, plastic cups, glass containers and aluminum foil bags and beverages ii) trading of fresh fruit. The company’s own brands, “Bingo Times”, and “fruit zz”, as well as on an OEM basis, sells processed fruit products. These beverages are sold under the Shiok Party brand “Shiok Party”.

The Group has been consistently committed to providing its customers with healthy and safe products. As a food enterprise with one of the most complete quality certifications, we rigorously adhere to stringent international production standards and are accredited with BRC (A), IFS Food (High), FDA(FSMA), HALAL, SC, KOSHER, BSCI and ISO22000, etc. In respect to our production facilities, quality control, and management. The Group has passed several US and UK supermarket chain audits and internal food-production standards reviews. The Group is also an “Equal production line” (equal standard; equal quality) Chinese food production and export company, and has provided products of comparable quality to both domestic and international markets. Since 2016, the Group’s own-brand processed fruit products have continued to achieve high market recognition, and the Group became China’s first fruit-processing company to place a “Zero Added Preservatives” label on its products.

The Group was awarded respectively the China’s Most Promising Listed Companies by the internationally renowned financial magazine Forbes, and the “2017 Linyi Mayor Quality Award” by the PRC government in 2017. The Group’s newly and proprietary researched, developed and produced pure fruit snack food received a national “Certificate of Invention Patent” in 2018. The Group was awarded the national Hi-tech Enterprise Certificate in 2019. In 2020, the Group was recognised as one of the Most Valuable Chinese Brands for the fourth consecutive year.

For more information, please visit www.tianyuninternational.com

Topic: Press release summary

Source: Tianyun International Holding Limited
Sectors: Food & Beverage


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