• Company Introduction

WINHA Commerce and Trade International Ltd is an Australian company incorporated in 2015 and in January 2017, the Company successfully listed on the Australian Stock Exchange (ASX)with the listed code: WQW.

The operating entity of the Company is Zhongshan WINHA Electronic Commerce Co., Ltd. is specialized in the cultivation and sales of distinctive Chinese and Australian food materials through a combination of self-support operation and outsourcing operation. The Company is one of the leading comprehensive platform to customize selling of high-quality special local food. It is an integration of WINHA Electronic Commerce, WINHA Catering Service Platform. It is committed to the promotion of local special food material, exclusive experience of ecological food material in the local folk culture and the establishment of business platform. Currently it has one subsidiary, Zhongshan WINHA Catering Management Co., Ltd.

  • Product Introduction

The operating entity of the Company is Zhongshan WINHA Electronic Commerce Co., Ltd., which is specialized in the cultivation and sales of distinctive Chinese and Australian food materials through a combination of self-support operation and outsourcing operation. Zhongshan WINHA Electronic Commerce Co., Ltd. is one of the leading comprehensive platform to customize selling of high-quality special local food. It is an integration of WINHA Electronic Commerce, WINHA Supermarket, WINHA Catering Service Platform. It is committed to the promotion of local special food material, exclusive experience of ecological food material in the local folk culture and the establishment of business platform. Currently it has two subsidiaries, Zhongshan WINHA Supermarket Co., Ltd. and Zhongshan WINHA Catering Management Co., Ltd.

The Company aims at covering the daily living needs of residents in an all-round and multidimensional way, and connects the fewer local characteristics agricultural products with people who demand for high-end quality of daily diet.

Existing Business

1. China business

As of December 31, 2017, there are 44 franchise stores six out-sourced retail stores, and one self-operated catering store began to operate in Guangdong and Shenzhen, China. The revenue of the company is made up of the franchise fee and management fee of the franchisee's food and beverage service and the outsourcing income of the retail outlet.

For the purpose of promoting the goods supply to WINHA’s business, Zhongshan WINHA continues to enter into supply agreements with Chinese suppliers, manufacturers and farmers. Since July 2016, Zhongshan WINHA has entered into land lease contracts with farmers from various fruit and vegetable producing areas. As of September 2017 Zhongshan WINHA has rented orchards of a total of 7140 mu (41 orchards) and vegetable land of a total of 198 mu (10 lands).

Due to the realistic characteristics such as many uncontrollable factors and difficult management of fruit and vegetable products, Zhongshan Winha sub-contracted the leased orchards and vegetable fields to the owners of the bases or third-party farmers since October 2017. The business has started to gradually shift to downstream industries Chain - dishes recipe and soup recipe extension.

(2)Australia Business

The Company gained 49% shares in Flavours Fruit and Veg Pty Ltd (ACN 166 549 435) after obtaining ASX listing approval in 2016. In addition, the Company has the option to acquire the remaining 51% shares of Flavours.

Flavours is a company incorporated in Australia, and its headquarter is in Melbourne, Australia. Flavours wholesales fresh fruit and vegetables to restaurants, hoteliers and other purchasers. Flavours retails a wide range of products including organic, rare and specialty fruits, vegetables and herbs.