China Huiyuan Juice Group Co., Ltd. announced that a wholly-owned subsidiary, Beijing Huiyuan Food & Beverage Co., Ltd., has signed an official acquisition agreement with Suntory Investment Co., Ltd. and its wholly-owned subsidiary, Suntory Food Trading Co., Ltd. Brand computer chips, dual-frequency integrated circuits, cross-magnetic induction detection, bringing higher accuracy, reliability and stability. 2. Automatic control system, using special magnetic materials and unique technology, the detection accuracy of the probe is particularly high, and the accurate position of the broken needle is displayed in 8 detection areas. 3. Dual probe design, double detection function, higher safety performance, compared with other types of needle detectors, at the same detection height, the sensitivity is increased by 10%. 4. Automatic detection, automatic induction, automatic stop when no detection is needed, 0-10 sensitivity adjustment, when there is a broken needle, the conveyor belt automatically stops and returns backwards. 5. With a counting function, it can count the number of qualified or unqualified products. 6. It has two alarm modes: sound effect and light alarm. 7. Luxurious appearance, novel style, time-saving and power-saving, simple operation Rapid PCR detection,Rapid Detection Rapid Detection PCR Kit Viral Antigen Detection Jiangsu iiLO Biotechnology Co., Ltd. , https://www.sjiilogene.com
Pursuant to the acquisition agreement, Huiyuan Juice will acquire 100% equity of Suntory Foods Ltd., a subsidiary of Suntory China, and 50% of Suntory Trading, totaling a total consideration of approximately RMB 118 million. Upon completion of the acquisition of 50% equity interest in Suntory Trading, Suntory Trading will become a joint venture between Huiyuan Juice and Suntory China, and Suntory China and its parent company will grant the joint venture company trademark use rights. Huiyuan Juice and Suntory China will cooperate in the sales and development of Suntory brand products in mainland China to promote the common development of the beverage industry.
Suntory is a world-renowned brand and is currently one of the top ten tea beverage brands in China. As the leading fruit and vegetable juice and beverage production and sales company in China, Huiyuan Juice and Suntory's strengths in product R&D, quality control, and supply and demand systems will help the Group expand its beverage business in China, especially the tea and coffee beverage business.