Very late 4C release, in my view, was to hope the simultaneous...

Very late 4C release, in my view, was to hope the simultaneous release of the positive CAHG agreement (in China) to offset the very poor 4C cash receipts. But ZNO is already an unloved stock and must deliver to turn the market around.

ZNO is not a pandemic stock now - the pandemic hype that brought ZNO to the world stage is long over.

The reality is, like many other business, it'll take ZNO much longer time to built the business to steadily increase revenue. Be it in Animal Health, Zoonex (AC system), Packaging industry and Shipping containers, Facilities management, Transport systems...etc.

The exclusive distribution agreement with the China SOE company CAHG looks promising if it deliver. An encourage point is "The performance and interpretation of the Agreement shall be governed by the laws of Singapore", but not (laws of) China. My next focus is to see them getting the approval in the stated 3-6 months period. Hope this agreement will produce desire outcomes, unlike many other failed agreements in the past.