On July 25th, Ningshing Ubay, a subsidiary of Ningshing Holdings, and Nongshim Taekyung, a subsidiary of Korea Nongshim Group, held a signing ceremony of strategic cooperation in South Korea.

Mrs. Shi Chenjia, vice president of Ningshing Holdings and general manager of Ningshing Ubay, and Mr. Cheon Youngkyu, the representative of Nongshim Taekyung, signed a business cooperation agreement on behalf of their respective companies. Also present at the signing ceremony were Mr. Kim Youngho, director of the business support department of Nongshim Taekyung, Mr. Kim Minsoo, director of the business department of Nongshim Taekyung, and Mr. Tan Zhengguo, vice president of Ningshing Holdings and chairman of Ningshing Ubay.

Nongshim Taekyung is South Korea's largest manufacturer of food materials and an important business segment of Korea Nongshim Group. Adhering to its founding principles, Nongshim Taekyung creates a rich food culture, carefully selects raw materials, and crafts a rich taste to ensure customer health. It has enjoyed its reputation as an honest, responsible, and trusted food enterprise among consumers.

At the signing ceremony, Mr. Tan Zhengguo expressed his firm belief that Nongshim Taekyung, which had earned consumer trust, and Ningshing Ubay, known for its innovation and pioneering spirit, would achieve a breakthrough win-win situation in the China market. Mr. Cheon Youngkyu expressed his conviction that through in-depth cooperation with Ningshing Ubay, Nongshim Taekyung's plant-based food substitutes would be successfully introduced to the China market and create outstanding achievements together.