Established in 2017, the Guangdong SunwahFonwin Business Management Co Ltd (SunwahFonwin) 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 operated over 27,000 Easy Joy convenience stores across the country.
The Guangdong Nan Yue Logistics had a great advantage in highway transport and logistics with over 500 retail outlets. Cooperation would focus on various areas including retailing, distribution, cold storage, information technology and commercial real estate.
SunwahFonwin had 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.
SunwahFonwinwas 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 had established overseas branches and warehouses in various countries including Japan, South Korea, Vietnam and Canada. Apart from having its private brands, it was also the first-tier distributor of national brands such as Wuliangye and Wanglaoji.