Business
TNPH Potential Investments in the Health & E-Commerce Sectors
TNPH Potential Investments in the Health & E-Commerce Sectors.
About this update from Tian'an Pharmaceutical Co., Ltd.
[{"type":"text","content":"TNPH is pleased to announce that it is currently performing due diligence on two businesses in China, one focused on the health sector, and the other in e-commerce, with a view to making investments in them.The health business is based in Hainan, China, with operating businesses in Guilin, southern China. The business currently mainly focuses on rehabilitation centers, community health care, and medical care. Following various reforms and incentive policies, Hainan is increasingly becoming a center of health expertise for both local and international businesses, providing a gateway to access the growing Chinese health market. Guilin is a world-famous tourist destination, and an increasingly important center for the healthcare, wellness and medical industries, due to its climate, natural environment including its famous water, and as the producer of much of the world’s monk fruit. Monk fruit is a natural sweetener, increasingly being used in a range of products to replace sugar, especially in food and drink products designed for those suffering from diabetes. It has also been used for thousands of years in Traditional Chinese Medicine (TCM) as a natural remedy to strengthen the immune system and lungs.The second proposed acquisition is in the health products e-commerce and retailing space. The company is involved in the management of two Chinese apps that primarily sell a range of products derived from monk fruit.Under the current draft terms, the investment will be made primarily through the issue of TNPH shares. We are awaiting the final 2021 financial statements of the two proposed acquisitions prior to finalizing the transaction.Additional details on the potential investments will be released as appropriate.About TNPHTNPH is listed on the US OTC Pink Market (stock code TNPH). It focuses on investing in & building businesses in the health, wellness, education and e-commerce sectors.Your attention is drawn to the Forward Looking Statement notice below, which is an integral part of this news release, and should be read in conjunction with this news release. For further information, please email [email protected] This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as...