Hashtag
Men's Weekly

Capitalizing on Health Trends: The Strategic Move of China Wantian and Hin Sang into the Booming Functional Food and Health Sector

HONG KONG SAR - Media OutReach Newswire - 30 September 2024 - On September 27, 2024, China Wantian Holdings Limited (1854.HK) ("Wantian") announced that it has signed a strategic cooperation agreement with Hin Sang Group (6893.HK) ("Hin Sang").

The partnership aims to jointly venture into the rapidly growing functional food and health market, leveraging resource integration and technological innovation to provide high-quality health products and services to consumers worldwide, while jointly exploring new market opportunities.

Signing ceremony between listed companies for a collaborative entry into the Functional Food and Health Industry
Signing ceremony between listed companies for a collaborative entry into the Functional Food and Health Industry

Strong Alliance to Create a New Landscape in Health

With the rising global awareness of health, the health industry is experiencing unprecedented development opportunities. According to market forecasts from the China Consumers Association's "Health Industry Consumption Trend Development Report", by 2025, the market size of China's health industry is expected to reach 17.4 trillion RMB, and it is projected to climb to 29.1 trillion RMB by 2030. The functional food industry, as a vital component of the health market, is attracting increasing capital and policy support.

As a listed company on the main board of the Hong Kong Stock Exchange, Wantian's collaboration with Hin Sang will further strengthen its presence in the health sector, paving the way for its vision to become a global leader in the full industry chain of green food services.

Focusing on Three Strategic Cooperation Areas

The cooperation will focus on three major strategic areas to expand and innovate within the functional food market:

  1. Jointly Establishing Health Soup Chain Stores: Both parties plan to open 100 "Wantian Pengzu Hin Sang Centers" within three years, focusing on premium health soups to provide consumers with a natural and healthy wellness experience, meeting the market demand for high-quality health products.
  2. Co-developing Premium Health Gift Series: Both parties will launch the "Wantian Gift x Hin Sang" premium health gift series, combining Hin Sang's herbal health products with Wantian's green ingredient resources to create high-end health gifts that cater to modern consumers’ pursuit of quality living and health products.
  3. Establishing the Functional Food and Herbal Life Science Research Institute: Both parties will jointly establish the "Wantian x Hin Sang Functional Food and Herbal Life Science Research Institute," focusing on the cultivation, research, and application of functional food and herbal medicine. The institute aims to transform scientific research achievements into commercial products, driving the innovative development of the functional food and herbal medicine industry.

Synergies to Create Long-Term Value

This strategic partnership represents more than just a merging of resources and technology; it brings forth substantial synergies. Wantian's extensive experience in the green food supply chain will open up broader sales channels for Hin Sang's products, while Hin Sang's strong brand influence in the health sector will support Wantian's swift entry into the functional food market. Together, their collaboration is poised to drive product innovation, optimize operational efficiency, and accelerate market expansion, leading to strong long-term returns.

As China's "Healthy China 2030" blueprint, the health industry holds tremendous growth potential. This partnership between Wantian and Hin Sang is perfectly aligned with market trends and leverages policy incentives, setting the stage for a prosperous future in the health sector. Both companies foresee significant business outcomes from this collaboration, positioning it as a model for industry partnerships.

Wantian's foray into the health industry underscores its keen market insights and strategic foresight. This initiative not only supports its efforts to diversify its business but also establishes a robust foundation for sustained growth. As Wantian continues to expand and innovate, it is well-positioned to become a leading player in the health market, generating lasting value and returns.Hashtag: #ChinaWantian

The issuer is solely responsible for the content of this announcement.

About China Wantian Holdings Limited

China Wantian Holdings Limited (1854.HK) is a listed company on the main board of the Hong Kong Stock Exchange. The company focuses on the supply of green ingredients, eco-friendly dining, and environmental technologies, striving to enhance the entire food industry's value chain. Committed to becoming a global leader in the full industry chain of green food services, Wantian upholds a strong dedication to quality and innovation, delivering healthier and more enriching dining experiences from farm to table for households around the world.

About Hin Sang Group

Hin Sang Group (6893.HK) operates under the philosophy of "selecting the natural, nourishing with herbs," focusing on the development of herbal health products. The company provides innovative and high-quality health solutions for families worldwide. Its products have received numerous industry accolades, and signature offerings like " Hin Sang Exquisite Packing Milk Supplement" and " Hin Sang Health Star" have achieved great market success, positioning the group as a leader in the health product industry.

Business News

Prudential and Prudence Foundation Provide Free Mental Health Support to Vulnerable Communities

In partnership with Intellect, the programme will be launched in Malaysia and Vietnam to make mental healthcare more accessible for vulnerable or at-risk groups HONG KONG SAR - Media OutReach Newswir...

Hashtag.net.au - avatar Hashtag.net.au

Trend Micro Named a Leader in IDC MarketScape for CNAPP

HONG KONG SAR - Media OutReach Newswire - 2 July 2025 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced it has been named as a Leader in the IDC Marke...

Hashtag.net.au - avatar Hashtag.net.au

Drug & Medical Device & Aesthetics, 肌顏態 was displayed at the CSD2025, The GeneQueens and 金因敷 launch was grandly held in Changsha

HONG KONG SAR - EQS Newswire - 2 July 2025 - On June 27, 2025, Uni-Bio Science Group Limited (the "Group")grandly held a new medical aesthetics product launch event in Changsha, releasing the high-end...

Hashtag.net.au - avatar Hashtag.net.au

Amazon Singapore Unveils a Week of Prime Day Deals and a Special Public Maze Event for Prime Day 2025

Prime members can access exclusive deals from brands such as Neutrogena, FOREO, Resto, Cricut, Pigeon, PicassoTiles and Coca-Cola from 8 – 14 July. Free Public event: Amazon Prime Day Maze at Suntec...

Hashtag.net.au - avatar Hashtag.net.au

Themed Forum of "Mountain Biodiversity and Our Life" to Kick off "Guizhou Example" Empowering Global Mountain Eco-treatment

GUIYANG, CHINA - Media OutReach Newswire - 2 July 2025 - Recently, Eco Forum Global Guyang 2025 announced at a press briefing that the themed forum "Mountain Biodiversity and Our Life" will be held i...

Hashtag.net.au - avatar Hashtag.net.au

Asia's First Porsche Design Tower Offers Revolutionary Luxury Living Experience to Bangkok's Vibrant Japanese Community

STUTTGART, GERMANY / TOKYO, JAPAN - Media OutReach Newswire - 24 June 2025 - Porsche Design Tower Bangkok emerges as a defining statement of excellence in luxury automotive-inspired living. As Asia's...

Hashtag.net.au - avatar Hashtag.net.au

Health & Wellness

How to Pick the Best Hair Loss Treatment for You

Hashtag.net.au - avatar Hashtag.net.au

Hair loss invades the lives of millions worldwide, wreaking havoc with self-esteem and self-image. With so many to choose from—whether it is topical treatment and medications or newer surgical metho...

Understanding Root Canal Treatment: What You Need to Know

Hashtag.net.au - avatar Hashtag.net.au

Image by pvproductions on Freepik When it comes to dental health, many people hear the term root canal treatment and immediately feel a bit uneasy. This procedure often gets a bad reputation, but und...

Telehealth Could be the Catalyst for Better Heart Health in Australia

Hashtag.net.au - avatar Hashtag.net.au

Image by stockking on Freepik Heart disease is one of the leading causes of death in Australia despite decades of advancements in medicine and health education campaigns. More than 400 Australians ...