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Hyrax Holdings Limited
Separately, Sealand also today announces the formation of a second joint venture company, Hyrax, together with Famous Biotech Co. Limited. Sealand holds 40% of the issued share capital in Hyrax, which is registered in Hong Kong, and is the sole distributor of cod fish maw products in China, Hong Kong and Macau. These products are distributed into the food and cosmetic industries.
Cod fish maw is a source of collagen, proteins, and nutrients. The collagen in the maw provides a wide variety of skin benefits, such as helping to improve tone and tissue health. Furthermore, in China, fish maw is considered a traditional delicacy representing fortune and health. The cod fish maw is imported by Hyrax from Denmark and undergoes processing in Hong Kong.
Instant fish maw is a growing emerging market in China and Hong Kong, starting from late 2018, and further sales growth in the market are expected in 2020 to 2021.
The imported cod fish maw is internationally certified. Global certifications of the maw include sustainable fish licenses from the Marine Stewardship Council, the maw is STC tested and is provided with certificate of origin and export licenses from Denmark. The product also complies with the relevant SGS Global Food Inspection Standards.
Tengwuyang has entered into a partnership with Qfang International Co. Limited ("Qfang"), with Ofang having a 42% stake in this partnership.
Qfang provides a range of marketing, advertising and e-commerce services on a variety of digital platforms including: Tmall International, Alimama AMP and Lazada. Alimama is a leading big data marketing platform based in China and Lazada is the largest e-commerce operator in Southeast Asia, with more than 50 million active buyers annually. Both are owned by the Alibaba Group.
Qfang's team has over ten years' of global online marketing, promotion and e-commerce experience. The team have successfully executed multiple strategies for a variety of clients including: Graco and Britax, the child car safety seat manufacturer; German water and purifier brands VENTA and Brita; as well as Babo Botanicals, an organic maternal and infant bath care brand based in the US.
Very difficult to buy these
“In this regard, in the last two working days, the Company has received a strong indication that a significant contract is likely to be signed with a new large pharmaceutical client, with which it has been in discussions since late 2019”.
One person or one lump sum cannot influence the way the price rose last Tuesday, there is a conference update coming in the next 10 days, unfortunately I don’t have the link but can someone else post it up if they still have it