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Sunwin International Neutraceuticals, Inc. (SUWN.OB) Secures a One-Year Exclusivity Agreement with Hunan Fuhui Flavors



By Jonathan
09 October 2009 @ 03:41 am ET

Sunwin International Neutraceuticals, Inc., a provider of zero calorie natural sweeteners (stevia), veterinary medicines and feeds prepared from 100 percent natural herbal ingredients, recently announced that the company has secured an exclusive one-year distribution agreement with Hunan Fuhui Flavors Co. Ltd. to distribute stevia extract within Hunan province, located in Southern China, with more than 64 million residents.

Under the terms of the agreement, Sunwin International Neutraceuticals will provide technical and marketing support to Hunan Fuhui’s sales representatives within the Hunan province. In addition, at least 50 tons of stevia extract must be distributed by Hunan Fuhui within the first year for this agreement to be subject to renewal.

“We are pleased to secure a strong partner in Hunan Fuhui, whose expertise as a regional distributor makes them an ideal candidate to increase Sunwin’s presence in Hunan province where stevia is commonly used as a natural sweetener,” stated Laiwang Zhang, chairman of Sunwin International Neutraceuticals.

“We have recently completed a number of expansion programs to increase our total stevia production capacity and we are particularly excited to expand our marketing efforts in this important domestic market.” Mr. Zhang concluded, “We look forward to this new partnership as we continue pursue opportunities both in China and throughout the globe to expand revenue and profits in our stevia operations.”

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