Tianyun
International Holdings Limited, together with its subsidiaries, an important seller and manufacturer of processed fruit products in the People's Republic of China, has announced that the Group entered a strategic co-operation agreement with Tuah Tacunan Sdn Bhd, a tropical fruit producer in Malaysia.
Both parties agreed to establish a comprehensive strategic partnership in the sale of tropical fruits and fruit processing, with the aim of building a strong supply chain system of fresh tropical fruits as well as the upstream and downstream supply chain, extending the Group's industrial chain and enhancing the Group's branding effect and international reputation.
At the same time, Tuah Tacunan's production base in Sabah, Malaysia enjoys an excellent natural and geographical location and has benefited from the Regional Comprehensive Economic Partnership tariffs effective from 18 March 2022, which will facilitate the Group's development of the tropical fresh fruit trade and enhance its competitiveness.
Under the agreement, the Group will leverage Tuah Tacunan's strengths in tropical fresh fruit cultivation and raw materials to expand its range of unique, natural and quality tropical fruits, including Musang King Durians, coconut, rambutan, pineapple, etc., to a wider sales market. At the same time, the Group will actively assist Tuah Tacunan in developing tropical specialty fruits on more than 3,400 acres of agricultural land under its management in Sabah, establishing a production base for fruit processing products and introducing some of its fresh fruits into the Group's existing fruit processing product range.
In terms of product R&D, both parties have established a close co-operative relationship in the areas of fresh fruit variety development and fruit processing products development, etc., to provide consumers with higher-quality and fresher tropical fruits and processed products. Both parties will also leverage their unique strengths in their existing fields and strengthen co-operation in technology, management and branding to create strong synergies and further enhance their market positions.
For more information: tianyuninternational.com