Ann: Record Interim Revenue and Improved Earnings, page-8

Mate you just dont get it.

Guangzhou Sinbio Cosmetic Co Ltd (Sinbio) are ONE OF THE LARGEST OEM companies in the cosmetic manufacturing space in China. They know all the procedures and have all the contacts in the space.

Holista has the patent and the manufacturing for ONE INGREDIENT. COLLAGEN

How can Holista go in to China and navigate all the procedures and why would they when they have partnered with Sinbio????

Sinbio are the EXPERTS in that field, Holista are the EXPERTS in making OVINE COLLAGEN. We supply the collagen not the manufacturing of the cosmetics.

China has been in numerous lock downs since COVID, out of Holista's control causing delays with not only freight but approvals and obviously other things.

Holista has teamed up with the experts so let the experts do their job and then lets see Holista deliver on the agreed contract to Sinbio which is in the many millions of dollars for supply our expertise the Ovine Collagen.

Stop posting such negative comments that are completely irrelevant to what is actually going on.

I suppose you would have had all the approvals and all the trials completed in the first week. Have you actually done any business in China before in this space?????? Mr Expert??????


In January this year, Guangzhou Sinbio Cosmetic Co Ltd (Sinbio) received the shipment of
Holista’s collagen following some regulatory delays by Chinese Customs. Sinbio has
indicated to Holista that it is still intending to proceed with trials of the collagen for its
cosmetics, although progress is slowed by China going in and out of lockdowns. The
success of the trials is likely to lead to a sales agreement with Sinbio, but the timing and
progress of this opportunity is largely outside the control of Holista.

Concurrently, Sinbio is in the process of developing a range of products using Holista’s
collagen as the base ingredient. They are also developing the shipping procedures for the
collagen via cold chain across Chinese airports.
As the supplier of the collagen, Holista plays no part and has no control over the trials,
product development or regulatory approvals process in China.
Guangzhou Sinbio is a Chinese state-owned enterprise that exclusively represents leading
cosmetic brands like Ceeture, Estee Lauder and SK-II in China. It sells cosmetics via a
network of 45,000 direct-owned stores.