In a step to diversify its business and expand its market presence, KOMO has successfully acquired a 30% equity stake in Hunan Health-Guard Bio-Tech Inc. from Shenzhen Jinchangjin Investment Group Co., Ltd. This strategic move signals KOMO's official entry into the rapidly growing health and wellness industry, aligning with its long-term corporate vision and paving the way for new growth opportunities.
KOMO boasts profound technical expertise and extensive production experience in the field of forest chemical engineering, with its rosin resin products enjoying a strong reputation in both domestic and international markets. Health-Guard Bio-Tech, on the other hand, is a high-tech enterprise specializing in bio-extraction and related products. The company is equipped with advanced production facilities, cutting-edge technology, and a professional R&D team, and has already established a notable brand presence in the market.
Following this acquisition, KOMO will provide Health-Guard Bio-Tech with robust financial support and rich management experience, helping the latter to expand its production scale, enhance its R&D capabilities, and accelerate product upgrades. Simultaneously, Health-Guard Bio-Tech's health industry platform will serve as a new growth engine for KOMO, driving its diversified development and opening up new market opportunities in the health sector.
The two companies will work closely together, leveraging their respective strengths to achieve resource sharing and complementary advantages, jointly creating new milestones in the health industry and generating greater value for shareholders. Moving forward, KOMO and Health-Guard Bio-Tech will explore further collaboration opportunities, expand their business horizons, contribute to industry development, and deliver higher-quality products and services to consumers.