Mayang Blue Phoenix has generated a considerable amount of interest from Hong Kong consumers and corporate customers again at the Expo this year. On the second day of exhibition, we took centre stage with the signing of a RMB60 million contract with a Hong Kong client for agri-products mainly our high-quality edible eggs. This marks our continuous business expansion through the Expo, which offers a perfect platform to showcase our wide-ranging products from Hunan Province including eggs, sausages, fresh fruits, and mushrooms. At last year’s debut, many consumers came forth to purchase our products. We also secured several new Hong Kong customers and concluded RMB20-30 million worth of business subsequently. We’ve witnessed strong sales again this year and are negotiating with some new customers for business development. Food Expo is an excellent place to grow business.
The Food Expo has been a perfect place to promote our brand and the sale of our products to consumers over the years. We really appreciate HKTDC’s commitment to raising publicity vigorously and making the event a success. We joined the press media session for the first time this year and it was a great opportunity to gain more exposure. The theme on Flavours of Intangible Cultural Heritage has also drawn extra interest as consumers came forth to purchase our unique shrimp paste and various sauces. Tying in with the Expo’s 35th edition, we offer our shrimp paste at special price and have received exceptional responses. The Expo is always an excellent show. The traffic of consumers is even better than last year. Sales are positive and we expect the revenue to reach about HK$900,000.
Seven companies from Taitung County of Taiwan have joined together to participate in the Food Expo for the first time to tap the Hong Kong consumer market. We are showcasing various products from honey to chilli sauces, annona squamosal, red oolong tea and snacks. The response has been exceptional. Hong Kong consumers love our offerings as hot chilli sauces are selling fast. Consumers snapped up about 550 kg of annona squamosal within the first two days of exhibition. We anticipate a second lot totalling 650 kg to sell out well before the Expo closes. Happy Bee Farm’s premium honey has also attracted a lot of buying interest. The company has met with a Japanese department store in Hong Kong, a Macau hotel and a Mainland China agri-product company at the Expo to explore cooperation. The Expo presents excellent business growth opportunities. We hope to bring together more Taitung companies to join the event next year.