AOM International Group's (HKG:0381) subsidiary Kiu Hung (Fujian) Investment agreed to engage Hunan Qiuzhiyun IoT Technology for the expansion of the sales network of its products, a Friday Hong Kong bourse filing said.
Under a one-year cooperation deal, Hunan Qiuzhiyun IoT Technology will develop and maintain a terminal sales network for Hunan Kiu Hung (Fujian) products like yellow wine, Chinese herbs, and toys among others.
Hunan Qiuzhiyun has been given the target to add 5,000 new customers to the group's customer base within a year, such an increase in customers is expected to boost the group's annual revenue by 500 million yuan.
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