The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Australian milk powder wholesalers Jatenergy has signed an agreement with Chinese tech group – HIT Crown, granting access to the Chinese medicine market.

HIT Crown manages the online Medicine E-Business and specialises in cloud-based servers in the Chinese market. China Golden, services over one million pharmaceutical companies, hospitals and clinics in the Chinese market.

This Memorandum of Understanding grants JAT access to sell its milk formulas Neurio and Golden Koala through HIT Crown’s online network.

Jatenergy Managing Director Wilton Yao says the agreement provides a framework to service the Chinese middle-class household.

“We are very comfortable about the future sales of our in-house brands as more and more Chinese and overseas distributors express their wish to work together with Jatenergy to promote our products through strategic partnerships,” he said.

Please see the announcement attached

JAT by the numbers
More From The Market Online
Covid concept ai gen

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Biotron (ASX:BIT) has angered shareholders on HotCopper on Friday as the results of its latest COVID-facing…

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

Orthocell (ASX:OCC) has confirmed its sold its first units of collagen-based bone repair product Striate+ in…
Blood test

CLEO Diagnostics kicks off ovarian cancer-detecting blood test trials in USA

Cleo Diagnostics (ASX:COV) has revealed it's kicked off US-based trials sussing the reliability of its blood…
Image of a neon sign with a heart

EBR Systems’ heart pacing device on-target to reach the US market

EBR Systems Ltd has reached a crucial stage in its efforts to commercialise the WiSE® CRT…