China Beidahuang Industry Group Holdings Limited has announced that its indirect subsidiary, Hunan Tianyu Ecological Agriculture Development Co., Ltd, has entered into an entrusted processing agreement with Hunan Zhang and Li Food Co., Ltd. Under this agreement, the subsidiary will be responsible for processing and manufacturing Zhang & Li brand products, including their popular "old-jar sun-dried chili peppers." The contract has a term of two years, with an expected annual sales amount exceeding RMB60 million. The subsidiary will oversee the procurement of raw materials, inspection, supply, and manufacturing in accordance with Zhang & Li's requirements. Zhang & Li is known for its award-winning agricultural products and operates independently of China Beidahuang Industry Group Holdings Limited.
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