Gelonghui December 14, Fuhui International Group Holdings (01034.HK) announced that on December 11, 2021, the company's indirect wholly-owned subsidiary in Hainan Province, Hainan Fuhui Biotechnology Co., Ltd. ("Fuhui Biotechnology"Officially settled in Sanya Yazhou Science and Technology City. The celebration ceremony was presided over by Liu Xinyi, CEO of the company and founder of Fuhui Biotechnology. Local leaders and cultural celebrities, Zhang Lichao, director of the Industrial Promotion Department of Sanya Yazhou Bay Science and Technology City Administration, Yao Xiaojun, president of Sanya International Trade Promotion, Lin Mingning, vice minister of the United Front work Department of Sanya Municipal Party Committee and secretary of the party group of the Federation of Industry and Commerce, Hainan Tourism Investment holding Group Co., Ltd.Hainan Travel Control GroupGeneral Manager Xian Guojian, Hainan Sanchuang Culture Development Group Co., Ltd.Hainan Sanchuang CultureChairman Zhang Xiaobing, as well as famous singer and film and television cultural celebrity Tu Honggang and other leading guests all attended the event. Fuhui Biotechnology successfully settled in Sanya Yazhou Science and Technology City, which not only proves the local government's recognition of the group, but also positively shows the group's future development potential.

At the same time, at the celebration ceremony, Fuhui Biotechnology formally signed a contract with Hainan Travel Control Group and Hainan Sanchuang Culture to reach a strategic cooperation. jointly give play to the advantages of "cultural travel", "high-tech biological enterprises", "business integrated investment and operation management" and "Internet and e-commerce live broadcast" sections, and make more diversified cooperation in business. This strategic cooperation will help accelerate the group's local business development and make greater contributions to the development and construction of Hainan free trade port. Liu Xinyi, CEO of the company, signed this strategic cooperation agreement with his partners.

Fuhui Biotechnology is a high-tech biological enterprise integrating scientific research, development, production and sales. At present, the main project is to study aromatic plants, especially incense, in order to further develop its functions and products and open up a broader aromatic industry market. Hainan Travel Control Group is a wholly state-owned enterprise approved by the Hainan provincial government.Provincial State-controlled Investment and financing platform for the Construction of Hainan International Tourism IslandHainan Sanchuang Culture is a commercial integrated enterprise integrating industrial park management, commercial comprehensive investment and operation management, live broadcast integration, global brand enterprise supply chain operation management, e-commerce talent training platform and so on.

According to the announcement, the Group actively seeks and promotes its cooperation with different outstanding enterprises in the process of development, and seeks to develop a new situation of mutual benefit and win-win results. The Group has received strong support from Hainan Travel Control Group and Hainan Sanchuang Culture Unit, and actively carried out multi-party cooperation, so as to further expand the Group's leading position in related fields in China.