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Monday, 22 May 2017, 12:01 HKT/SGT
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Source: Tianyun International Holding Limited
Tianyun International Awarded 2017 China's Most Promising Listed Companies by Forbes China
Among three outstanding awardees in food industry

HONG KONG, May 22, 2017 - (ACN Newswire) - Tianyun International Holdings Limited ("Tianyun International", together with its subsidiaries, the "Group") (6836.HK), a leading seller and manufacturer of processed fruits products in China, is pleased to announce that the Group was awarded "2017 China's Most Promising Listed Companies" by Forbes China, and is the only fast-growing enterprise in the Chinese processed fruits market receiving the honor.

2017 Forbes China Most Promising Listed Companies awards are given to the shortlisted 100 most promising listed companies in China, US and Hong Kong, with turnover in 2015 amounting RMB10 million to RMB1 billion and core business located in China. Most of the awardees come from medical and technological industry, while only 3 companies are in food industry, including Tianyun International. It has been 12 years since "Forbes China", a branded international business publication, started the comprehensive yet independent research on Chinese growing enterprises. The award is regarded as one of the most authoritative recognitions to the companies.

Upholding our stringent safety and quality requirement, the Group is endeavor to developing diversified processed fruit products to consumers. In 2016, Shandong Tiantong Food Co., Ltd, a subsidiary of the Group, received a "Same production line, Same standard, Same quality" recognition jointly issued by Shandong Linyi Entry-Exit Inspection and Quarantine Bureau and Linyi Municipal Bureau of Commerce, proving that our local products reach the same quality level as the products being exported.

Moreover, mixed fruit puree product launched by the Group was included in the "displayed products in future supermarkets" in the American PLAM own brand exhibition, indicating the global recognition received in terms of the Group's research and development, as well as the remarkable capability to seize the future trend in food industry. The total turnover of the Group recorded a 18.1% Y-o-Y growth to RMB653 million. The turnover from own brand business even recorded a significant Y-o-Y growth of 87.3%.

Mr. Yang Ziyuan, Chairman and CEO of the Group commented "We are honored to receive the recognition from Forbes, a globally well-known business publication, after we became the only fruit processor in the industry to receive the qualification of "China Canned Product Quality Certification Label" from China Canned Food Industry Association with products identified as the "Zero Added Preservative Canned Products" in 2016.

Looking ahead, we will continue to steadily develop both own brand and OEM business to seize the opportunities brought by the fast-growing own brand business and increasing brand awareness, by keep developing new products for a better sales performance. 4-5 new products are expected to be launched within the year. Meanwhile, we will insist on providing natural, safe and high quality products to customers, as well as driving our business growth and further consolidating the Group's market leadership."

About Tianyun International Holding Limited (HKSE: 6863)

Tianyun International Holdings Limited and its subsidiaries (the "Group") are principally engaged in (i) the production and sales of branded processed fruit products and (ii) trading of fresh fruit. Processed fruit products are sold both on an OEM basis and under its own brands - "Tiantong Times", "Bingo Times" . On 7 July 2015, the Group was successfully listed on the Main Board of the Stock Exchange, which would further consolidate our leading position in China's processed fruit industry.

With its commitment to provide customers with healthy and safe products, the Group has always been dedicated to stringent production standards and is accredited with BRC(A+), IFS Food (High), HALAL, SC, KOSHER, ISO22000, "China Canned Product Quality Certification Label" and "Zero added preservative canned products" top-tier international and local certifications. For more information, please visit www.tianyuninternational.com.



May 22, 2017 12:01 HKT/SGT
Topic: Press release summary
Sectors: Daily News
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Mr. Yang posed for pictures with Mr. Russell Flannery, bureau chief of Forbes magazine.
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