Press Release

27 Sep, 2016
Business Update This announcement is made by Qianhai Health Holdings Limited (the Company, together with its subsidiaries, the Group) on a voluntary basis to provide the shareholders of the Company and potential investors an update on the latest business development of t
This announcement is made by Qianhai Health Holdings Limited (the ‘‘Company’’, together with its subsidiaries, the ‘‘Group’’) on a voluntary basis to provide the shareholders of the Company and potential investors an update on the latest business development of the Group. The board (the ‘‘Board’’) of directors (the ‘‘Directors’’) of the Company is pleased to announced that the Company’s wholly owned subsidiary had entered into a 5 years procurement contract (the ‘‘Contract’’) with an existing supplier, one of the top 5 Canadabased American ginseng suppliers of the Group in 2015, which engaging in growing and trading of the American ginseng. Pursuant to the Contract, the supplier shall continue to provide the American ginseng to the Group from 2016 to 2020. The Board believes that by entering into the Contract, it will help to ensure a stable supply of high quality American Ginseng to the Group, and helps the Group to strengthen its leading position in the American ginseng industry. With the experienced management team of the Group, the Board believes that the Group can remain high competitive in the coming future. 
 
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