XI'AN, China, March 15, 2017 /PRNewswire/ -- SkyPeople Fruit
Juice, Inc. (NASDAQ: SPU) ("SkyPeople" or "the Company"), a
producer of fruit juice concentrates, fruit juice beverages and
other fruit-related products, today announced that on March 13, 2017, Hedetang Foods (China) Co., Ltd. ("Hedetang Foods"), a
wholly-owned subsidiary of SkyPeople Fruit Juice, Inc., signed a
one-year business agreement with the Jiangsu Nongmuren Agricultural
Products ("Nongmuren") e-commerce
Platform. Earlier this month, Hedetang Foods joined the China
Aigo O2O Technology Inc.'s Aigo Integrity Alliance and is receiving
orders from that platform now.
"We are confident that this agreement will add to our dynamic
e-commerce business model and it is consistent with our
state-of-the-art agricultural operations," said Mr. Hongke Xue,
Chief Executive Officer of SkyPeople. "The current state of the food and beverage industry
is highly complex and presents challenges as well as opportunities.
As seen by our recent e-commerce announcements, we believe that
working with cutting edge e-commerce platforms will help to
crystallize our brand positioning which will be vital to our
building a global Chinese fruit juice beverage brand."
The Company believes that cooperation with Nongmuren could
attract hundreds of thousands of registered users on the platform
each month, and accelerate an update
of its marketing channels from traditional manufacturing and
sales to 'manufacturing plus Internet' and 'traditional sales plus
e-commerce'. By cooperating with
Nongmuren, Hedetang could enjoy the benefits of its non-replicable
food safety system, customized brand promotion strategy and
reliable third-party logistics distribution services. The
Company believes that cooperation between the two parties will help
Hedetang become a first-class brand in the Chinese market, which is
a vital long-term goal for the company.
About the Jiangsu Nongmuren Agricultural Products E-Commerce
Platform
The Jiangsu Nongmuren Agricultural Products
("Nongmuren") E-Commerce Platform is unique food
quality-focused platform that integrates the Internet of Things
("IoT"), e-commerce and Internet advertising. It implements food
safety supervision through the entire agricultural supply chain to
ensure farm-to-table information traceability. The platform mainly
works with county-level local food production and processing
enterprises that produce famous specialty agricultural goods.
Nongmuren anticipates having hundreds of millions of registered
users in the next three years. Additional information can be
found at www.nongmuren.com.
About Hedetang Foods (China) Co., Ltd.
Hedetang Foods (China) Co. Ltd.
("Hedetang Foods") is a wholly owned subsidiary of SkyPeople Fruit
Juice, Inc., focused on the sale of food, fruit juice and other
fast-moving consumer goods products. The company innovatively
combines e-commerce and Mobile Internet marketing methods for
agricultural products, and promotes the "Hedetang" brand through
e-commerce and mobile Internet channels, which it considers a
highly effective business model and branding method.
About SkyPeople Fruit Juice, Inc.
SkyPeople Fruit Juice, Inc., a Florida company, through its wholly-owned
subsidiary Pacific Industry Holding Group Co., Ltd. ("Pacific"), a
Vanuatu company, and SkyPeople
Juice International Holding (HK) Ltd., a company organized under
the laws of Hong Kong Special Administrative Region of the People's Republic of China and a wholly
owned subsidiary of Pacific, holds 73.42% ownership interest in
SkyPeople Juice Group Co., Ltd. ("SkyPeople (China)") and 100% ownership interest in
SkyPeople Foods (China) Co., Ltd.
("SkyPeople Foods China"). SkyPeople (China) and ("SkyPeople Foods China"), together
with their operating subsidiaries in China, are engaged in the production and sales
of fruit juice concentrates, fruit beverages, and other fruit
related products in the PRC and overseas markets. The Company's
fruit juice concentrates are sold to domestic customers and
exported directly or via distributors. Fruit juice concentrates are
used as a basic ingredient component in the food industry. Its
brands, "Hedetang" and "SkyPeople," which are registered trademarks
in the PRC, are positioned as high quality, healthy and nutritious
end-use juice beverages. For more information, please visit
http://www.skypeoplefruitjuice.com.
Safe Harbor Statement
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended, or the
Exchange Act. Forward-looking statements include statements with
respect to our beliefs, plans, objectives, goals, expectations,
anticipations, assumptions, estimates, intentions, and future
performance, and involve known and unknown risks, uncertainties and
other factors, which may be beyond our control, and which may cause
the actual results, performance, capital, ownership or achievements
of the Company to be materially different from future results,
performance or achievements expressed or implied by such
forward-looking statements. All statements other than statements of
historical fact are statements that could be forward-looking
statements. You can identify these forward-looking statements
through our use of words such as "may," "will," "anticipate,"
"assume," "should," "indicate," "would," "believe," "contemplate,"
"expect," "estimate," "continue," "plan," "point to," "project,"
"could," "intend," "target" and other similar words and expressions
of the future.
All written or oral forward-looking statements attributable to
us are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties described in our annual report on Form 10-K for the
year ended December 31, 2015 and
otherwise in our SEC reports and filings, including the final
prospectus for our offering. Such reports are available upon
request from the Company, or from the Securities and Exchange
Commission, including through the SEC's Internet website at
http://www.sec.gov. We have no obligation and do not undertake to
update, revise or correct any of the forward-looking statements
after the date hereof, or after the respective dates on which any
such statements otherwise are made.
For more information, please contact:
COMPANY
Cindy Liu, Investor Relations
Manager
SkyPeople Fruit Juice, Inc.
Tel: China + 86 -
29-8837-7161
Email: skypeople_annie@163.com
Web: http://www.skypeoplefruitjuice.com
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SOURCE SkyPeople Fruit Juice, Inc.