News

Food & Beverage

Staff Reporter

, Singapore

Published:

4 months ago

Photo from Unsplash by Arno Senoner.

SunMoon Food Company subsidiary expands to non-food product distribution

This will include bulk commodities including but not limited to non-hazardous chemical products.

SunMoon Food Company Limited announced that the company’s indirect wholly-owned subsidiary, Shanghai Shanyan International Trading Co., Ltd. will expand its current distribution offerings to include non-food related products.

Shanyan intends to distribute bulk commodities including but not limited to non-hazardous chemical products.

The company will control the costs by relying on existing distribution channels and will not incur additional financing for the New Distribution Product Strategy.

Customers and suppliers are based in the People’s Republic of China hence, Shanyan will not acquire inventories.

SunMoon advised shareholders and potential investors to exercise caution in share dealings and consult financial advisers.

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