Bon Natural Life Limited Announces $45 Million Broccoli Product Order with Beijing Huahai Keyuan
06 December 2023 - 1:00AM
Bon Natural Life Limited (Nasdaq: BON) ("BON" or the "Company"),
one of the leading bio-ingredient solutions providers in the
natural, health and personal care industries, today announced that
it has entered into a sales distributing contract with Beijing
Huahai Keyuan Technology Co. Ltd. (“Huahai”). The contract grants
Huahai the priority rights to sell BON’s broccoli products in the
Chinese market with a total product value of US$45 million.
BON’s most recent broccoli product, Broclife®,
represents the Company’s advancement in converting glucoraphanin to
sulforaphane in broccoli extracts. Broclife® utilizes broccoli seed
extract as the core active ingredient and offers various health
benefits in areas of immunity, anti-oxidation, anti-aging,
anti-inflammatory and digestive health.
“We are excited to work with Huahai on this product
distribution partnership. Huahai is a leading wellness company in
China that focuses on the go-to-market of original wellness
products with a proven track record of expanding markets and
developing strong brands. This represents an opportunity for us to
gain the broader access to the extensive retail market in China,”
commented Yongwei Hu, Chairman and CEO of BON. “Our strategic
cooperation with Huahai, combined with our exceptional Broclife®
product, will help BON quickly penetrate the health markets. This
breakthrough marks a significant advancement in our end-to-end
health solution business and will propel the global expansion of
our broccoli raw material business. We expect these initiatives to
significantly boost sales and profit growth, enhancing the
company's investment value and generating greater returns for our
shareholders."
About Bon Natural Life
Limited
The Company focuses on the manufacturing of
personal care ingredients, such as plant extracted fragrance
compounds for perfume and fragrance manufacturers, natural health
supplements such as powder drinks and bioactive food ingredient
products mostly used as food additives and nutritional supplements
by their customers. For additional information, please visit the
Company’s website at www.bnlus.com.
Safe Harbor Statement
This press release contains forward-looking
statements as defined by the Private Securities Litigation Reform
Act of 1995. Forward-looking statements include statements
concerning plans, objectives, goals, strategies, future events or
performance, and underlying assumptions and other statements that
are other than statements of historical facts. When the Company
uses words such as "may, "will, "intend," "should," "believe,"
"expect," "anticipate," "project," "estimate" or similar
expressions that do not relate solely to historical matters, it is
making forward-looking statements. Forward-looking statements are
not guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's goals and strategies; the Company's future
business development; product and service demand and acceptance;
changes in technology; economic conditions; the growth of the
natural, health and personal care market in China and the
other international markets the Company plans to serve; reputation
and brand; the impact of competition and pricing; government
regulations; fluctuations in general economic and business
conditions in China and the international markets the
Company plans to serve and assumptions underlying or related to any
of the foregoing and other risks contained in reports filed by the
Company with the SEC. For these reasons, among others, investors
are cautioned not to place undue reliance upon any forward-looking
statements in this press release. Additional factors are discussed
in the Company's filings with the SEC, which are available for
review at www.sec.gov. The Company undertakes no obligation to
publicly revise these forward–looking statements to reflect events
or circumstances that arise after the date hereof.
For more information, please
contact:
Bon Natural LifeCindy Liu | IR Email:
bonnatural@appchem.cn
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