In the afternoon of November 21,OzStar signed agreements with Australia a2 Milk Company（“a2”） and Beijing Capital Agribusiness Group (“SUNLON”) respectively at the headquarters of Yankuang Group, based on which, the three companies have reached consensus on two-way trade of famous brands of products of China and Australia.
Mr. Li Wei, General Manager of Yankuang Group, attended the signing ceremony. Mr. Li said, Yankuang, as the first enterprise that has four listing platforms at home and abroad, will give full play to its advantages in China to help the Australia first brand of a2 milk maintain leading position in China and even Greater China region. Meanwhile, by relying on 10 years of experience and resources in Australia,Yankuang will also facilitate Jinghua tea to establish sales channels in the Australian market and make future development layout from a high starting point.
Mr. Zhang Lei, CFO of Yancoal Australia and Mr. Peter Nathan, Chief Executive Asia Pacific of a2, Mr. Byron Matthews, Supply Manager of OzStar and Ms Xing Zhihong, Vice Party Secretary and General Manager of Beijing Er Shang Group of SUNLON signed agreements successively.
Yankuang OzStar has built its own independent e-commerce platform in just several years, set up two display stores in Shandong province and Nanjing, and sold more than 400 products straightly from Australia and New Zealand.
a2 company is the fastest growing dairy company in Australia and New Zealand in recent years. Its infant formula is popular among consumers in Australia and China. Beijing Er Shang Group has abundant resources including 17 Chinese time-honored brands such as Liubiju, Wangzhihe and Jinghua, as well as a number of well-known brands favored by consumers.