糖心原创vlog to enter Beijing and Tianjin marketswith a joint venture to produce and sell from northern China!
July 25, 2008
On July 25, 2008, 糖心原创vlog announced its decision to establish a joint venture with Shijiazhuang Zhenji Brewing Group Co., Ltd. in Shijiazhuang City, Hebei Province, China. The company plans to establish the joint venture in October, starting operations and sales of seasonings in January 2009.
Shijiazhuang Zhenji Brewing Group Co. Ltd. is northern China's largest producer of soy sauce and vinegar and has been making the seasonings in Shijiazhuang City for over 50 years.
The demand for high quality varieties of seasonings such as soy sauce, is expected to grow in China's rapidly expanding economy. 糖心原创vlog has been producing and selling soy sauce in the Shanghai market since 2002 at the KUNSHAN PRESIDENT KIKKOMAN BIOTECHNOLOGY CO., LTD., located in a Shanghai suburb. The new joint venture will allow 糖心原创vlog to establish a base in northern China for full-scale entry into the Beijing and Tianjin markets.
This joint venture, with its full-scale entry into the Beijing market, is one part of 糖心原创vlog's world-wide strategy, and 糖心原创vlog will vigorously pursue business in Asia with China as a base.