NANPING, China, Sept. 17, 2020 /PRNewswire/ -- Happiness
Biotech Group Limited (the "Company" or Nasdaq: HAPP), an
innovative China-based
nutraceutical and dietary supplements producer, announced today
that C'est La Vie Interactive Technology Co., Ltd ("CLV") , a
subsidiary of Happy Buy, has signed a cooperation agreement with
Hive-Box, a leading parcel machine operation company, testing water
in community e-Commerce business.
Hive-Box Technology Company ("Hive-Box") runs the largest
express locker system in the world, which reaches 150,000 lockers
and over 100 big cities in China
in 2018. The cooperation will facilitate Happy Buy's fulfillment of
the orders relying on the 24-hour self-service open platform of
Hive-Box and marketing of the dietary supplement products from
Happiness Biotech and other suppliers on the Hive-Box's
platform.
"Since the launch of Happy Buy, we have been considering
cooperation with major e-commerce platforms and distributors. The
cooperation with Hive-Box is the first step for us to implement our
development plan in the e-commerce industry. Community e-commerce
is one of the most popular forms of e-commerce in China, especially under the epidemic. As a
leading express locker system operator, Hive-Box runs a wide
network of communities that other platforms can't match. We believe
that through the cooperation with Hive-Box, not only the products
from Happiness Biotech can get more exposure and promotion, Happy
Buy will also attract more clients for its e-commerce solutions
business," said Mr. Xuezhu Wang, CEO of the Company.
About Happiness Biotech Group Limited
Headquartered in Nanping, China, Happiness Biotech Group Limited is an
innovative China-based
nutraceutical and dietary supplements producer focused on the
research, development, manufacturing and marketing of a variety of
products made from Chinese herbal extracts and other ingredients.
The Company's goal is to provide high-quality products to our
consumers. Over the past 14 years, the Company has established a
product portfolio consisting of 32 PRC National Medical Products
Administration registered "Blue-Cap" SKUs of nutraceutical and
dietary supplements products. For more information, please
visit: www.happ.org.cn.
Forward-Looking Statements
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;
reputation and brand; the impact of competition and pricing;
government regulations; fluctuations in general economic and
business conditions in China, the
COVID-19 outbreak and its impact on our operations and assumptions
underlying or related to any of the foregoing and other risks
contained in reports filed by the Company with the Securities and
Exchange Commission. 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 U.S.
Securities and Exchange Commission, 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.
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SOURCE Happiness Biotech Group Limited