Bon Natural Life (BON) announced the launch of a new kombucha-inspired product and a strategic collaboration with Shaanxi Qingshengyuan Health Industry, a distributor of health products in China. The two parties entered into a non-exclusive strategic sales agreement. The term of the agreement is 24 months with a total contract value of $12M. Pursuant to the agreement, Qingshengyuan will sell and distribute Bon’s high-tea-pigment products across Greater China.
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