• China Tobacco and initial sales results: Following renewal of...

• China Tobacco and initial sales results: Following renewal of the two (2) sales and distribution
agreements between the Company’s wholly owned subsidiary Foshan and the Guangzhou
Subsidiaries, the Company’s immediate focus was on maximising sales of its bird’s next products
during January and February prior to Chinese New Year (Initial Sales Period).


The Company is currently working with China Tobacco and the Guangzhou Subsidiaries to finalise the sales numbers achieved by sale of Foshan’s bird’s nest products during the Initial Sales Period. The Company expects to be able to report those sales numbers to the market prior to the end of this month.


( Today is the last working day of this month,  will we get the report today????)

The Company is aiming to leverage these trading results and increased brand awareness
to negotiate with China Tobacco for an expansion of the Company’s operational footprint under
the agreements with the Guangzhou Subsidiaries, initially by expanding the number of China
Tobacco outlets in which it operates within Guangzhou City, then subsequently to China Tobacco
outlets in the greater Guangdong Province. China Tobacco, via the Guangzhou Subsidiaries,
operates approximately 370 stores in Guangzhou City.