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SUIC’s I.Hart Secures Key Distribution Partnerships and Signed Certified JV to Expands to Serve NYC Agencies, Airports, and Schools with Diverse Cuisine and Full Restaurant Supply Line

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SUIC Worldwide Holdings (OTC:SUIC) announces that I.Hart has secured distribution agreements with major Taiwanese retailers including Shinkong Mitsukoshi, Far Eastern Sogo department stores, and Formosa Plastics Group's employee welfare association. The company has also signed certified joint ventures to serve NYC agencies, airports, and schools with diverse cuisine and restaurant supplies. Additionally, SUIC has partnered with US factories to provide sustainable packaging materials, focusing on eco-friendly alternatives to polystyrene food trays in response to potential government bans.

SUIC Worldwide Holdings (OTC:SUIC) annuncia che I.Hart ha ottenuto accordi di distribuzione con importanti rivenditori taiwanesi, tra cui Shinkong Mitsukoshi, i grandi magazzini Far Eastern Sogo e l'associazione per il benessere dei dipendenti del Formosa Plastics Group. L'azienda ha anche firmato joint ventures certificate per servire agenzie, aeroporti e scuole di New York con una varietà di cucine e forniture per ristoranti. Inoltre, SUIC ha collaborato con fabbriche statunitensi per fornire materiali di imballaggio sostenibili, concentrandosi su alternative ecologiche ai vassoi di polistirolo per alimenti in risposta a potenziali divieti governativi.

SUIC Worldwide Holdings (OTC:SUIC) anuncia que I.Hart ha asegurado acuerdos de distribución con importantes minoristas taiwaneses, incluyendo Shinkong Mitsukoshi, las grandes tiendas Far Eastern Sogo y la asociación de bienestar de empleados del Formosa Plastics Group. La empresa también ha firmado joint ventures certificadas para servir a agencias, aeropuertos y escuelas en Nueva York con una variedad de cocinas y suministros para restaurantes. Además, SUIC se ha asociado con fábricas estadounidenses para proporcionar materiales de embalaje sostenibles, enfocándose en alternativas ecológicas a las bandejas de poliestireno para alimentos en respuesta a posibles prohibiciones gubernamentales.

SUIC Worldwide Holdings (OTC:SUIC)는 I.Hart가 Shinkong Mitsukoshi, Far Eastern Sogo 백화점 및 Formosa Plastics Group의 직원 복지 협회 등 주요 대만 소매업체와 유통 계약을 체결했다고 발표했습니다. 또한 이 회사는 다양한 요리 및 식당 용품을 공급하기 위해 NYC 기관, 공항 및 학교에 서비스를 제공하기 위한 인증된 합작 투자를 체결했습니다. 추가로, SUIC는 정부의 금지 조치 가능성에 대응하기 위해 폴리스티렌 식품 트레이의 친환경 대안에 초점을 맞추고 미국 공장과 협력하여 지속 가능한 포장재를 제공합니다.

SUIC Worldwide Holdings (OTC:SUIC) annonce qu'I.Hart a sécurisé des accords de distribution avec d'importants détaillants taïwanais, y compris Shinkong Mitsukoshi, les grands magasins Far Eastern Sogo et l'association de bien-être des employés du Formosa Plastics Group. L'entreprise a également signé des coentreprises certifiées pour servir les agences, les aéroports et les écoles de New York avec une cuisine variée et des fournitures de restaurant. De plus, SUIC s'est associé à des usines américaines pour fournir des matériaux d'emballage durables, en se concentrant sur des alternatives écologiques aux plateaux alimentaires en polystyrène, en réponse à de potentielles interdictions gouvernementales.

SUIC Worldwide Holdings (OTC:SUIC) gibt bekannt, dass I.Hart Vertriebsvereinbarungen mit bedeutenden taiwanesischen Einzelhändlern, darunter Shinkong Mitsukoshi, Far Eastern Sogo Warenhäuser und die Mitarbeiterwohlfahrtsvereinigung der Formosa Plastics Group gesichert hat. Das Unternehmen hat auch zertifizierte Joint Ventures abgeschlossen, um NYC-Agenturen, Flughäfen und Schulen mit einer Vielzahl von Küche und Restaurantbedarf zu bedienen. Zusätzlich hat SUIC mit US-Fabriken zusammengearbeitet, um nachhaltige Verpackungsmaterialien bereitzustellen, wobei der Fokus auf umweltfreundlichen Alternativen zu Polystyrol-Lebensmittelbehältern im Hinblick auf potenzielle Regierungsverbote liegt.

Positive
  • Secured distribution agreements with major Taiwanese retailers
  • Expansion into NYC agencies, airports, and schools market
  • Development of eco-friendly packaging solutions for US market
Negative
  • None.

SUIC and I.Hart are building an innovative marketplace enhanced with collaborative partnerships

NEW YORK, NY and TAIPEI, TAIWAN / ACCESSWIRE / November 6, 2024 / SUIC Worldwide Holdings Ltd. (OTC:SUIC) today announces that I.Hart signed distribution channel agreements with top industry leaders in Taiwan including Shinkong Mitsukoshi, Far Eastern Sogo department stores, and Formosa Plastics Group's employee welfare association. This comes after SUIC signed certified joint ventures to expand and to serve NYC agencies, airports, and schools with diverse cuisine and full restaurant supply line.

Shin Kong Mitsukoshi Department Stores is the largest high-end department store chain in Taiwan, with 13 branches, 22 stores, and over 100 million visitors every year. It has a revenue of approximately NT$94.5 billion in 2023. To learn more, please visit https://www.shinkonggroup.com/en/group.html

Far Eastern Sogo Pacific Department Stores is a famous department store chain, headquartered in Taipei, Taiwan and owns seven stores in Taiwan and five stores in China. It has a revenue of approximately NT$52 billion in 2023. To learn more, please visit https://www.feg.com.tw/en/business/company.aspx?id=66

Formosa Plastics Group's Affiliates and its Employee Welfare Association is a conglomerate of diverse interests, including biotechnology, petrochemical processing and production of electronics components. It employs more than 110,000 employees. It has a presence in the U.S. Formosa Plastics Corporation since 1978. To learn more, please visit https://www.fpg.taipei/en

In the US, SUIC has partnered with factories in providing sustainable packaging materials, with a particular emphasis on eco-friendly solutions tailored to meet the food packaging requirements of retail grocery stores. Government bans may penalize the prevalent use of polystyrene food trays in grocery stores and food processors. In response to government bans on polystyrene food trays, our partner factories develop and promote PP, PET package solution, which are recyclable and safer for both consumers and the environment. Our partner factories expand their production to include alternative packaging solutions, like biodegradable trays, paper-based containers, or reusable options. We prioritize product safety and quality. Our PP meat trays are designed to meet the highest standards of safety.

"SUIC is the biggest investor, shareholder and major operating partner of Beneway USA. The expanding channel base of our partner I.Hart reinforces our strategy across major retail channels that is expected to boost sales of I.Hart's premium products worldwide. SUIC is committed to continually explore innovative technologies and sustainable materials as support to our partners to minimize our environmental footprint. In parallel, we will drive rapid business growth by expanding our product lines and services and strengthen our market presence through strategic mergers and acquisitions of restaurant chains, suppliers, and distributors. Our ambitious franchising and transformation plan will allow us to extend our reach, enhance operational efficiencies, and establish a lasting impact in the industry," said Hank Wang, CEO.

About SUIC Worldwide Holdings Ltd., USA

SUIC Worldwide Holdings Ltd. provides research and development, venture financing for and investing in private enterprises and the public sector that develop products and services adopting core capabilities of the Internet of Things, cloud computing, mobile payment, Big Data, Blockchain, and Artificial Intelligence, to enhance and streamline existing processes, and establish new and exciting business models that will create revolutionary products and services. Shareholders of SUIC will be exposed to the diverse application of advanced services in various parts of the economy. Additionally, existing and potential customers can benefit from this company's diversified portfolio of technologies. As one of the pioneering publicly traded technology companies, SUIC will help build tech-enabled businesses of the future. To learn more, please visit www.sinounitedco.com

Forward-Looking Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at which such performance or results are achieved. This press release is considered considering all Company filings contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Contact

SUIC Worldwide Holdings Ltd.
New Release Department
929-391-2550

SOURCE: SUIC Worldwide Holdings Ltd.



View the original press release on accesswire.com

FAQ

What major partnerships did SUIC's I.Hart secure in Taiwan in 2024?

I.Hart secured distribution agreements with Shinkong Mitsukoshi, Far Eastern Sogo department stores, and Formosa Plastics Group's employee welfare association in Taiwan.

What markets is SUIC expanding into through its joint ventures?

SUIC is expanding to serve NYC agencies, airports, and schools with diverse cuisine and full restaurant supply line services.

What sustainable packaging solutions is SUIC developing for the US market?

SUIC is developing PP, PET package solutions and biodegradable trays as eco-friendly alternatives to polystyrene food trays in response to potential government bans.

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