Bon Natural Life Ltd (NASDAQ:BON) saw its stock climb 4.6% after announcing a new non-exclusive sales distribution deal with Beijing Huahai Keyuan Technology Co. Ltd. The three-year agreement, valued at $22 million, will allow Huahai Keyuan to distribute Bon Natural Life’s natural weight management products across China and Southeast Asia.
The product line incorporates a unique “prebiotics + postbiotics” formula, which the company highlights as an innovative weight loss solution that doesn’t rely on strict dieting.
Yongwei Hu, Chairman and CEO of Bon Natural Life, said, “As a global leader in ’prebiotics + postbiotics’ health solutions, we are excited to launch this advanced, sustained-release weight management product line. Partnering with Huahai Keyuan, a prominent health enterprise in China with a strong track record in market expansion and brand building, will help us make a significant impact in this rapidly growing market.”
The collaboration positions Bon Natural Life to expand its presence in China’s sizable weight management sector. Huahai Keyuan will handle sales and distribution of the company’s natural weight loss supplements throughout the agreement’s duration.
Bon Natural Life specializes in bio-ingredient solutions for the natural health and personal care markets.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.