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Weikang's growth strategy consists of a diversified multi-prong approach.
Streamline production methods
Improved sales and distribution channel
Merger and acquisition
Organic growth
- R&D - Development of new products internally and with renowned research institutes, such as Northeast Forestry University, and Tianjing University.
- Quality R&D team with 10 experts, and we will cooperate with more experts to focus on the development of new products and the improvement of existing products.
- The acquisition with Tianfang has helped to expand our distribution network and increase our sales channel since Tianfang has more than 60 large-scale sale agents throughout China.
- Advertising - Increase spending on advertisements of high-margin products to advertise our products and build our brand.
Acquisitions
- The Company will pursue accretive acquisition targets in the future to diversify its product offerings and distribution channel .
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