Established in 2017, the Guangdong Sunwah Fonwin Business Management Co Ltd (Sunwah Fonwin) co-operated with the China Petroleum & Chemical Corporation (Sinopec) and the Guangdong Nan Yue Logistics Co Ltd to develop a supply of imported goods and logistics at highway service areas and transport terminus.
Sinopec, the largest retail network in China, ranked No. 2 on Fortune Global 500 in 2019. It operates over 27,000 Easy Joy convenience stores across the country.
The Guangdong Nan Yue Logistics has a great advantage in highway transport and logistics with over 500 retail outlets. Cooperation will focus on various areas including retailing, distribution, cold storage, information technology and commercial real estate.
Sunwah Fonwin has also forged strategic partnership with leading retailers both at home and abroad, such as Watsons, Mannings, Aeon, Ito Yokado and RT-Mart, covering a national network of more than 10,000 retail terminals both offline and online.
Sunwah Fonwin is the exclusive agent of international brands such as Daeng Gi Meo Ri of South Korea, Calatas of Japan, Buni, Fitolino and Mr. Froots of Poland. It has established overseas branches and warehouses in various countries including Japan, South Korea, Vietnam and Canada. Apart from having its private brands, it is also the first-tier distributor of national brands such as Wuliangye and Wanglaoji.