SunMoon Food Co. Ltd. (SG:AAJ) has released an update.
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SunMoon Food Co. Ltd. announces its subsidiary, Shanghai Shanyan International Trading Co., Ltd., will venture into distributing non-food products, focusing on bulk commodities and non-hazardous chemicals. The expansion will leverage existing distribution channels and supply chain expertise without the need for additional financing or inventory storage, aiming to minimize financial impact on the Group. Shareholders and potential investors are advised to trade cautiously until further updates are provided.
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