QUFU, China, January 19, 2016
QUFU, China, January 19, 2016 /PRNewswire/ --
Sunwin Stevia International, Inc. (OTC: SUWN, "Sunwin Stevia"), one of the top global suppliers of high quality stevia extracts including Rebaudioside A 98 and Rebaudioside A99, announced today that Qufu Shengren Pharmaceutical Company, Limited, a wholly owned subsidiary of Sunwin Stevia, has entered an operation agreement to launch its U.S. distribution center for its high quality stevia extracts..
By the operation agreement, Sunwin Stevia will be working with its U.S. partner to develop a distribution center in the U.S. to better serve its clients in the U.S. With the new distribution center, it will allow Sunwin Stevia to store stevia extracts in the U.S. warehouse and substantially shorten its shipping time for its clients and customers based in North America. As many companies in the food and beverage industries are undergoing transformation to low or zero inventories, a new distribution center in the U.S. is essential for expanding distribution of stevia extracts in the U.S. In addition, the new U.S. distribution center will serve the South American markets as well.
Ms. Dongdong Lin, CEO of Sunwin Stevia stated, "In the past three years, we have been consistently increasing our sale of stevia extracts in the U.S. However, one of the barriers of market penetration has been shipping time. It usually takes up to 60 days to deliver our stevia extracts to the U.S. after we receive an order. Having launched our U.S. distribution center, it will take a day or two to deliver our stevia extracts to our clients and customers in North America. We believe our new U.S. distribution center will substantially improve market penetration of our stevia extracts in North America for years to come."
About Sunwin Stevia International, Inc.
Sunwin Stevia International, Inc. (OTC: SUWN) engages in production and distribution of zero calorie, all natural sweeteners (Sunwin Stevia™ Extracts). As an industry leader in high quality stevia production, Sunwin Stevia has built an integrated firm with the farming and production capabilities to meet the needs of consumers throughout the world. For more info about Sunwin Stevia, please visit http://www.sunwininternational.com
Safe Harbor Statement
Sunwin Stevia International, Inc. is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our ability to return our revenues to historical levels, our dependence on continued market acceptance of our products, competition, our ability to control our raw material costs, risks associated with operating in China, and other risk factors impacting our company, some of which may be beyond our control. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the fiscal year ended April 30, 2014.
SOURCE Sunwin Stevia International, Inc