We regret to inform that through communication between the two parties, from January 19, 2024, Fumei will terminate our cooperation with Special Goods RU LLC, who will immediately cease distributing the Fumei’s products in Russia, Belarus and Kazakhstan, except for the liquidation of existing inventory.
In addition, Fumei officially authorized Alliance-Energy as our distributor to distribute our products in Russia, Belarus and Kazakhstan. Alliance-Energy is a well-known distributor of chemical raw materials in Russia. Through the establishment of this cooperation, Alliance-Energy will actively participate in and assist the promotion and sales of Fumei wax products in these regions. Fumei will also give all-round support to Alliance-Energy, constantly explore and innovate, thus delivering more high-quality wax products and sustainable solutions for the personal care industry.