In the same year, Bailide Group established Liu Wang Trading Co., Ltd. in Chengdu, China, and launched the “Uncle Chong’s Durian” brand. The establishment of this company and the launch of the brand is one of Bailide Group’s strategies to expand its food and beverage business, aiming to meet the growing demand for high-quality durian products in the market. According to reports, Bailide Group has two durian plantations in the local area and exports durians to Guangzhou, China for processing. This shows the group’s determination to expand its business in the Chinese market and will help increase its revenue and market share in the food and beverage industry.