SUIC Worldwide Holdings Ltd Stock Price, News & Analysis

SUIC Worldwide Holdings announces that its partner I.Hart has secured contracts to provide employee meal catering services for Taiwan Semiconductor Manufacturing Company (TSMC) and Taiwan Power Company (TaiPower). I.Hart is pursuing strategic partnerships with U.S. restaurant professionals and suppliers to launch diverse cuisines and comprehensive restaurant supply lines nationwide. TSMC, a global semiconductor leader with 80,000 employees worldwide, and TaiPower, Taiwan's state-owned electric power company with 30,000 employees, will benefit from I.Hart's chef-inspired meal services aimed at promoting employee health and wellness through nutritious food options.

SUIC Worldwide Holdings (OTC:SUIC) announces that I.Hart has secured distribution agreements with major Taiwanese retailers including Shinkong Mitsukoshi, Far Eastern Sogo department stores, and Formosa Plastics Group's employee welfare association. The company has also signed certified joint ventures to serve NYC agencies, airports, and schools with diverse cuisine and restaurant supplies. Additionally, SUIC has partnered with US factories to provide sustainable packaging materials, focusing on eco-friendly alternatives to polystyrene food trays in response to potential government bans.

SUIC Worldwide Holdings (OTC PINK:SUIC) and I.Hart welcomed former Paraguay Vice President Luis Alberto Castiglioni to Taiwan, showcasing their culinary excellence at Lifekitchen cloud kitchen and Central Kitchen. The visit highlighted Taiwan's diverse culinary culture and paved the way for future collaborations in the beef and meat trade between Paraguay and Taiwan.

Castiglioni expressed interest in bringing SUIC I.Hart food brands to Paraguay and beyond, opening opportunities for international cooperation. SUIC has strategically built a distribution, OEM, and franchising network across the East Coast, positioning for aggressive expansion throughout the U.S. The company is engaging top industry talent to access key institutional sectors like airports, supermarkets, and hospitals.

CEO Hank Wang emphasized SUIC's role as the largest investor and key operating partner of Beneway USA, driving an ambitious US development strategy while bolstering Beneway's global chain expansion and expediting the IPO process.

SUIC Worldwide Holdings (OTC:SUIC) has announced that Paul Fetscher is joining SUIC Beneway as Director. Fetscher, currently President of Great American Brokerage Inc., brings extensive experience in retail concept, design, and development for various commercial spaces. His expertise spans across diverse geographical locations, including international projects.

SUIC Beneway is preparing to file its registration statement on Form S-1 with the SEC for an Initial Public Offering (IPO) of its Class A common stock this October. The company views this IPO as a strategic move to pursue profitable growth and expand its network of US suppliers, distribution channels, and food processing facilities. SUIC, as the largest investor and shareholder of Beneway, is actively recruiting industry talents to accelerate business expansion and the IPO process.

SUIC Worldwide Holdings (OTC PINK:SUIC) and its partner, I.Hart Group, have announced significant expansions and developments:

1. Opening of I.Hart's franchise headquarters for managing day-to-day operations
2. Expansion into wine retail business, complementing existing food operations
3. Scaling up US operations with new equipment and food product lines
4. Enhancing sales and distribution across all 50 US states
5. I.Hart Group operates about 200 global chain and franchise locations with 13 brands
6. SUIC has assembled distribution, OEM, and franchising teams for the East Coast
7. Introduction of innovative equipment and food product lines
8. State-of-the-art manufacturing and processing facilities in the US and Asia

The company aims to drive innovation, enhance competitiveness, and accelerate development in the U.S. market to achieve greater profitability for stakeholders.

SUIC Worldwide Holdings (OTC:SUIC) announced that its partner, IHart Group, has secured major contracts with Taiwan French food group Bojiang International Catering Group and healthcare company Daily Oral Care Co. to supply diverse cuisines and culinary services. IHart Group's US subsidiary, Unise Investment Corp, has also obtained New York City certification for food services, including automated product lines and nationwide delivery.

Bojiang International Catering Group operates the prestigious MiraWan restaurant, recognized in the MICHELIN Guide Taipei & Taichung 2020. Daily Oral Care Co. is part of Artistic Dental Consultant Group, a leading dental services provider with 22 clinics in Taiwan. SUIC aims to expand its global reach and increase its footprint in the food market tenfold.

SUIC Worldwide Holdings (OTC:SUIC) and I.Hart Group have opened two new Monga© stores in China's Shangdong and Fujian provinces, with plans to expand to 100 stores within a year. Monga©, known for its Taiwan-style fried chicken, has already established over 95 stores across 11 countries. In the U.S., SUIC is focusing on expansion in the tri-state area of New York, New Jersey, and Connecticut, organizing distribution, OEM, and franchising teams. The company plans to set up two food processing factories in the region to support production and distribution. SUIC aims to replicate this strategy in other states, including Georgia, Texas, and the West Coast, utilizing its AI Smart programs and LED fleet for business development and food delivery.

SUIC Worldwide Holdings CEO Hank Wang has outlined the company's strategic vision and growth milestones in a recent shareholder letter. SUIC aims to empower enterprises using advanced technology and innovative financing solutions. They offer specialized consulting services to small and micro-cap companies and focus on research and development and venture financing. SUIC is the main operating partner and shareholder of Beneway USA Group Their subsidiary, i.Hart Group, is expanding rapidly in Asia and the US, with plans to reach 200 franchised stores by year-end and over 1000 within five years.

Beneway USA is planning an IPO to leverage advanced technologies and new business models. The company aims to open 750 franchise stores across North America and Asia before the IPO. Additionally, i.Hart Group has signed multiple franchise authorizations in China and Japan, and entered a co-branding agreement with 7-Eleven Group Taiwan. SUIC is committed to expanding its product markets and integrating fintech solutions to enhance business processes and create new business models.