Meiwu Technology Co., Ltd. Announces MOU with Real BioTech (Qingdao) Ltd.

Core Viewpoint - Meiwu Technology Co., Ltd. has signed a non-binding Strategic Cooperation Memorandum of Understanding with Real BioTech to enhance its market share in the beauty industry through a strategic partnership focused on R&D and marine active ingredients [1][2][3] Group 1: Strategic Partnership - The MOU aims to establish a strategic partnership between Meiwu and Real Biotech to expand market shares in the beauty market both in China and globally [1] - Real Biotech will provide R&D support, technical services, and consulting to Meiwu, leveraging its marine biological resources [2] - This collaboration is expected to enhance Meiwu's capabilities in developing beauty solutions that utilize marine active ingredients, a segment driven by increasing consumer demand for natural skincare products [2] Group 2: Long-term Strategy - The partnership aligns with Meiwu's long-term strategy to combine Real Biotech's marine biotechnology expertise with Meiwu's brand operation and distribution network [3] - The collaboration is positioned to capture new opportunities in the evolving beauty industry, delivering enhanced value to customers, shareholders, and partners [3] Group 3: Company Overview - Meiwu Technology Co., Ltd. operates as an integrated platform for R&D, packaging, promotion, sales of functional skincare products, and talent training for retail stores [6] - Real Biotech specializes in marine biotechnology, including R&D, production, and sales of cosmetics and marine biological materials [6]

Meiwu Technology Co., Ltd. Announces MOU with Real BioTech (Qingdao) Ltd. - Reportify