On May 8th, Mr. Wu Yigang, Chairman of Ningshing Holdings, met Mr. Lee Byung Hak, the representative director of Korea Nongshim Group, along with his entourage, at 28th -floor of Tianning Building, Ningbo. Chairman Wu Yigang expressed that Nongshim Group was Ningshing Ubay’s the most important partner. He noted that their strategic cooperation has been stable for nearly half a year, with smooth online & offline transition and business cooperation on track. He highly praised and especially thanked China Nongshim for its robust support and cooperation throughout this period. He urged Ningshing Ubay to work closely with Nongshim, leverage their online and offline strengths, expand the market fully and actively explore business opportunities to deepen Nongshim’s penetration into the Chinese market and win more Chinese consumers. Mr. Lee Byung Hak, on behalf of Korea Nongshim’s , stated that the visit to Ningshing provided a deeper understanding of the company’s potential and future, instilling great confidence in the promising future of their cooperation project.

Both parties unanimously acknowledge the high level of concern and value their respective groups place on the cooperation project between Nongshim and Ningshing Ubay, holding high expectations. They also discussed and reached a preliminary consensus on the global trade of Nongshim products and the potential for deeper cooperation in a broader range of fields.