Zitong Financial App News, Fuhui International Group Holdings (01034) announced that on December 11, 2021, Hainan Fuhui Biotechnology Co., Ltd. ("Fuhui Biotechnology"), an indirect wholly-owned subsidiary of the company in Hainan Province, China, 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.
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. we will jointly give full play to our advantages in "cultural travel", "high-tech biological enterprises", "business integrated investment and operation management" and "Internet and e-commerce live broadcast", 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.
According to the announcement, Fuhui Biotechnology is a high-tech biological enterprise integrating scientific research, development, production and sales. At present, the main project is to conduct research on aromatic plants, especially the spice raw material, in order to further develop its functions and products and open up a broader market for the aromatic industry. 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.