- SUIC Worldwide Holdings targets opportunities that develop products and services adopting core capabilities of the IoT, Big Data, AI, Fintech, and Blockchain, to enhance and streamline existing supply chain and financial processes
- A key area of focus is the company’s operating partnership with Beneway Holdings Group, of which SUIC is the primary shareholder, representing a unique global B2B2C patent fintech platform that offers superior supply chain and other financial support services for merchants and franchisees
- SUIC/Beneway subsidiary, I.Hart Group, operates 150 global chain and franchised locations under a variety of brands, providing an opportunity to bring reputable and distinguished overseas food product brands to the U.S.
- In February, SUIC-iHart signed a brand cooperation agreement with Taiwan’s largest convenience store chain, 7-Eleven Group, potentially opening doors for more U.S. brand cooperation
SUIC Worldwide Holdings (OTC: SUIC), a company providing research and development venture financing for and investing in private and public enterprises, is, among other things, set on the lucrative global Asian food and supply chain markets. Having doubled in the development of products and services that adopt core capabilities of the Internet of Things (“IoT”), Big Data, Artificial Intelligence (“AI”), Fintech, and Blockchain, to enhance and streamline existing processes, the company has a firm understanding, strategy, and resources to conquer markets.
According to Growth Market Reports, the global Asian food market is projected to reach $805.08 billion by 2031, up from $437.15 billion in 2022, representing a CAGR of 7.1% over the forecast period. McKinsey Consultants further estimated that by 2025, the global supply chain financial market will be valued at $20 trillion. SUIC is positioning itself to take advantage of this growth, firstly with its food industry supply chain integration and its global chain and franchise expansion.
SUIC, the major shareholder and operating partner of Beneway, is working to bring reputable and distinguished overseas food product brands to the U.S. and around the world. It is looking to integrate more successful chains to enter the U.S. chain and franchise market in all 50 states, all while replicating its successful multi-branding business model and teaming up with top U.S. real estate firms, shopping malls, and associated groups for faster expansion (https://ibn.fm/ycfmi).
The company recently signed a brand cooperation agreement with Taiwan’s largest convenience store chain, 7-Eleven Group, for its Monga(c) Fried Chicken. The agreement opened the company to over 6,800 stores countrywide while potentially opening doors for more U.S. brands’ cooperation and business expansion. It also demonstrated the company’s growing competitive affiliations and its potential to become a leader in the food space. “These latest co-branding partnerships represent an unprecedented prospect to promote our long-term growth. Leveraging SUIC’s fast-growing competitive affiliations, we are committed to offer additional value to customers in different parts of the world,” noted Hank Wang, SUIC’s CEO.
SUIC expects to significantly expand its product markets, making 2024 its best year yet. “Looking forward, SUIC will continue to introduce more co-branding partners in the U.S. with other prestigious brands to expand our business. We seek to realize improved corporate and shareholder value,” noted Mr. Wang.
For more information, visit the company’s website at www.SinoUnitedCo.com.
NOTE TO INVESTORS: The latest news and updates relating to SUIC are available in the company’s newsroom at https://ibn.fm/SUIC
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