Company Description
SUIC Worldwide Holdings Ltd. (OTC: SUIC) is involved in wholesale trade and related activities and is classified in the Automobile and Other Motor Vehicle Merchant Wholesalers industry. According to the company’s own communications, SUIC positions itself as an investment and venture financing platform that works with private and public enterprises, with a particular emphasis on advanced technologies and global distribution networks.
In its shareholder letter, SUIC states that its mission is to invest in promising enterprises and help them develop and expand their products and services through technologies such as the Internet of Things (IoT), cloud computing, mobile payments, Big Data, blockchain, and artificial intelligence (AI). The company also indicates that it provides specialized consulting services to assist small and micro-cap companies in accessing capital and navigating the public markets, drawing on experience in risk management, exit planning, research and development, and a global network of professionals.
Business focus and partnerships
SUIC describes itself as playing a central role as the biggest investor, shareholder and major operating partner of Beneway USA Group Ltd. Through this relationship, SUIC highlights two major areas of activity: catering group franchising and OEM distribution on one side, and fintech and supply chain integration on the other. The company reports that its proprietary B2B2C system combines a B2B e-commerce model with a proprietary B2C platform to support purchase order payments, inventory control, financing services, AI credit systems, big data, and integrated payment and point-of-sale capabilities.
SUIC also emphasizes its partnership with i.Hart Group, which it identifies as a subsidiary or partner within the Beneway USA structure. i.Hart Group is described as operating a network of global chain and franchise locations under multiple food and beverage brands, including Monga Taiwan-style fried chicken, hot pot concepts, flower tea drinks, dumplings, Dim Sum, Thai cuisine, cloud kitchen management and AI smart machines. SUIC communications state that i.Hart operates around 150 to 200 franchised or chain locations across 11 countries, with plans for further expansion.
Food, franchising and distribution activities
Recent company news releases highlight SUIC’s focus on the global food and restaurant ecosystem through i.Hart Group and related entities. SUIC reports that i.Hart has entered into franchise authorizations and cooperation agreements to expand the Monga fried chicken brand and other concepts in markets such as Shandong Province in China, Japan, and the Hong Kong–Macau area. The company also notes that i.Hart has opened Monga stores in Fujian and Shandong in China and is pursuing multi-brand franchising strategies in Asia and North America.
According to these releases, SUIC and i.Hart are involved in distribution and OEM arrangements that support restaurant and retail food channels. The company describes building distribution, OEM, and franchising teams on the U.S. East Coast and in the tri-state area of New York, New Jersey, and Connecticut, with plans to serve institutional customers such as supermarkets, hotels, hospitals, airports, schools, and agencies. SUIC also reports cooperation with factories that provide food packaging materials, including PP and PET packaging solutions and other alternative packaging options, with an emphasis on recyclable and eco-focused materials for food applications.
SUIC’s communications further state that i.Hart Group has secured contracts to cater employee meals for Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Taiwan Power Company (TaiPower), providing access to ready-made, chef-inspired meals for employees. Other news items describe contracts with Bojiang International Catering Group and Daily Oral Care Co. Ltd. for diversified cuisines and tailored culinary services, as well as distribution channel agreements with Shin Kong Mitsukoshi department stores, Far Eastern Sogo department stores, and Formosa Plastics Group’s employee welfare association.
Technology and fintech initiatives
Beyond food and franchising, SUIC emphasizes its fintech and supply chain financing activities through Beneway USA and Boom Fintech. The company states that Boom Fintech holds nine fintech patents and that SUIC and Beneway USA have developed a proprietary B2B2C system intended to integrate financing solutions with inventory management and digital commerce. According to SUIC’s description, this system combines B2B e-commerce functions such as purchase order payments, inventory control, AI-based credit assessment, and financing services with a B2C platform that includes payment systems, mobile cash registers, POS devices, and enterprise resource planning tools.
SUIC cites external research on the size of the global supply chain financing and digital commerce markets to frame the potential opportunity for its B2B2C system, and notes that it has an agreement for IP financing with BD Bankers to support expansion of its global supply chain network. The company positions these activities as part of a broader effort to integrate advanced technologies into supply chain and financing processes for merchants, franchisees, and suppliers.
Role of Beneway USA and planned IPO
In its shareholder letter and subsequent news releases, SUIC repeatedly identifies itself as the largest investor, shareholder, and primary or major operating partner of Beneway USA. Beneway USA is described as having two main sections: a catering group franchising and OEM distribution business run by i.Hart Group, and a fintech and supply chain integration business supported by Boom Fintech’s patents and systems.
SUIC states that Beneway USA is preparing for an initial public offering and intends to file a Form S-1 registration statement with the U.S. Securities and Exchange Commission. The company characterizes this planned IPO as an important step for monetizing SUIC’s investment in Beneway USA and for funding expansion into suppliers, distribution channels, and kitchen and food processing facilities, particularly in the U.S. market.
Geographic footprint and market orientation
Based on its public communications, SUIC and its partners focus on both Asian and U.S. markets. The company highlights Asia as a major long-term growth opportunity for the global food industry and notes that i.Hart Group’s franchised locations and authorizations span multiple Asian countries and regions, including China, Japan, and the Hong Kong–Macau area. At the same time, SUIC describes assembling distribution, OEM, and franchising teams in the United States, with ambitions to support franchising and distribution across all 50 states.
SUIC’s shareholder letter also references broader ambitions to expand marketing channels worldwide and to move into major markets in the U.S., Europe and other regions through mergers, acquisitions, and partnerships. However, the specific locations and scope of operations are described in general terms, with the most detailed operational examples centered on Asia and the U.S. East Coast.
Corporate governance note
According to a Form 8-K filed with the SEC, effective December 1, 2025, the Board of Directors of SUIC Worldwide Holdings Ltd. appointed Harriette Lo as Co-Chair and director of the firm. The filing provides biographical information about Ms. Lo’s background as a Chinese-American entrepreneur and community leader and lists her roles in various organizations.
How SUIC describes its value proposition
Across its shareholder letter and news releases, SUIC presents itself as combining venture financing, technology, and operational partnerships in food and franchising. The company emphasizes its role in:
- Investing in and supporting enterprises that use technologies such as IoT, cloud computing, mobile payments, Big Data, blockchain, and AI.
- Providing consulting and capital access services to small and micro-cap companies.
- Acting as principal operating partner and major shareholder for Beneway USA and its B2B2C fintech and supply chain systems.
- Working with i.Hart Group and other partners to expand multi-brand food franchising, OEM production, and distribution networks in Asia and North America.
Investors reviewing SUIC Worldwide Holdings should rely on the company’s official SEC filings, shareholder letters, and press releases for the most authoritative description of its activities, partnerships, and strategic plans.