YNBY International Ltd. has announced a new contract under its exclusive distributorship authorization to distribute products from Yunnan Baiyao Group. The agreement, formalized through a Framework Agreement effective from May 15, 2023, is set to run for three years, concluding on May 15, 2026. This authorization outlines transactions involving the purchase and distribution of YNBY products to overseas markets, subject to proposed annual caps. The announcement follows previous disclosures made by the company on December 13, 2022, and May 15, 2023, detailing the scope and terms of the partnership with Yunnan Baiyao Group.
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