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Article: Agreement Signed Between Rocky Mountain Ginseng, Inc.'s China Subsidiary and Wal-Mart China Ltd.
- Article from:
- Business Wire
- Article date:
- March 31, 2000
CopyrightCOPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
VANCOUVER, B.C.--(BUSINESS WIRE)--March 31, 2000
Rocky Mountain Ginseng, Inc. (Pink Sheets:RMGG) is pleased to announce that a formal vendors agreement between Wal-Mart China Ltd. and Rocky Mountain (Fuzhou) Drug Co. Ltd. was confirmed today in Shenzhen, China.
Jiang Shao Shu, Rocky Mountain's vice-president of marketing, reported in Fuzhou that this agreement is a major breakthrough for the company in that it gives the company immediate access to the affluent and populous South China market. Wal-Mart has agreed to carry Rocky Mountain products in all of its stores in China and will also wholesale these products to other ...
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