Synutra Participates in the China-France Business Forum
06 May 2013 --- Synutra International, Inc., which owns subsidiaries in China that produce, market and sell nutritional products for infants, children and adults, announced that on April 25th, 2013, the Company's Chairman and CEO, Mr. Liang Zhang participated in the China-France Business Forum in Beijing, China.
At the Forum, Mr. Zhang delivered a speech about the Company's agreement with Sodiaal, Synutra's partner involved in the development of a new drying facility in Carhaix, France, which intended to manufacture powdered milk and fat-enriched demineralized whey for the Company. Additionally, under the witness of Chinese President Xi Jinping and French President Francois Hollande, Mr. Zhang signed an implementation agreement with Sodiaal's Chairman, Mr. Gerard Budin related to its industrial and commercial partnership agreement.
The China-France Business Form was organized by Chinese Ministry of Commerce, the Trade Development Council and France-China Committee. Chinese President Xi Jinping and his visiting French counterpart Francois Hollande participated in the forum and made their closing remarks. The purpose of the Forum was to identify ways for the two countries to work together to improve business ties and boost economic prosperity.
Mr. Liang Zhang , Chairman and CEO of Synutra, commented, "It's a great honor to participate in this high-profile business forum with select companies and top political representatives from both countries. We are pleased to move forward with the development of our French drying facility, and we believe that, when completed, our drying facility will enable Synutra to maintain the highest quality product standards."
