WNX 13.9% 69.5¢ wellnex life limited

Ann: CFDA Update, page-49

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  1. 19,072 Posts.
    lightbulb Created with Sketch. 2666
    Ok...just got out of meeting..

    Good news....they are moving into goat milk market and the cfda number issued is a good sign....no company who have been issued with one has been rejected yet by Chinese government.

    Bad news....the cfda approval will come around March next year....and sales are likely to slow down next quarter as buyers from China gears up for 2018 changes as to who will get cfda.

    Note...they are my notes and interpretation of what was said...

    As Always Dyor
 
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