WNX 0.00% 2.3¢ wellnex life limited

Infant formula player

  1. 34,339 Posts.
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    WHA has been well set up as an early player of infant formula listed companies on ASX.

    ● Tied up with supplier, Organic Dairy Farmers of Australia
    ● Strategic investing in manufacturer, 5% Blend & Pack
    ● Secures CNCA licence for WHA formula in Blend & Pack
    ● Distribution agreement with largest Chinese mums and baby store, Aiyingdao
    ● Distribution agreement with Metcash, i.e. IGA
    ● 2.5% Joint Venture with ODFA, Blend & Pack, Masion (owns 55% of Aiyingdao) to develop organic baby products


    WHA is currently raising $9.5m cash @56c to fund strategic investment in Blend & Pack and proposed joint venture with ODFA, B & P and Masion.

    WHA has already had Chinese version baby formulas,
    cn.jpg

    Australian version:
    au.jpg


    WHA have donated,
    1. CNY4m worthy (about $800k) infant formulas to local Chinese in Guangdong province in May 2017.
    2. CNY288k worthy infant formulas to local Chinese in Chongqing in July 2017.


    (there is a translation error, million in fact was, 10,000)


    http://www.weibo.com/wattlehealth?refer_flag=1005050010_&is_hot=1#_loginLayer_1501247506809




    WHA has an official blog on weibo.com, promoting their products and brand directly to Chinese customers,

    https://m.weibo.cn/u/5993686121?uid...61&lfid=4098344534079414&featurecode=20000180






    DYOR.
 
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