STOCK TITAN

Bon Natural Life (BON) secures $18M, 24‑month China product deal

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Bon Natural Life Limited reports that its subsidiary Xi’an App-Chem Bio (Tech) Co., Ltd. has signed a Sales Cooperation Agreement with Beijing Huahai Keyuan Technology Co., Ltd. for its second-generation Apple Series natural weight management and metabolic health products in China. The 24‑month agreement grants Huahai Keyuan a non-exclusive right to market, distribute and sell these products and includes a guaranteed aggregate sales amount of at least US$18,000,000 over the term.

App-Chem will handle research and development, production and quality control to meet national standards, and must be paid in full before shipping products to locations designated by Huahai Keyuan. If products fail to meet agreed quality standards, App-Chem bears testing, return and exchange costs. Either party may terminate after an uncured breach or by mutual consent, and unjustified termination or failure to perform obligations triggers liquidated damages equal to 15% of the total agreement amount.

Positive

  • None.

Negative

  • None.

Insights

Bon Natural Life secures a 24‑month China distribution deal with a minimum US$18,000,000 sales commitment.

The agreement positions subsidiary App-Chem to expand its second-generation Apple Series weight management and metabolic health products in the Chinese market through distributor Huahai Keyuan. The contract runs for 24 months and includes a guaranteed aggregate sales level of at least US$18,000,000, giving visibility on potential product volume over the term, subject to performance of both parties.

Operationally, App-Chem retains responsibility for research and development, production and quality control, and must ensure products meet applicable national standards. It also assumes costs if products fail agreed quality standards, including testing and handling returns and exchanges, while receiving full payment before dispatch, which supports cash collection discipline.

The contract includes termination rights following an uncured breach and allows mutual termination at any time, with liquidated damages of 15% of the total agreement amount for unjustified termination or failure to fulfill obligations. Future disclosures in company filings may clarify how actual sales under this agreement progress over the 24‑month term.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2025

 

Commission File Number 001-40517

 

BON NATURAL LIFE LIMITED

(Translation of registrant’s name into English)

 

Room 601, Block C, Gazelle Valley, No.69, Jinye Road

High-Tech Zone, Xi’an, Shaanxi, China

People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 

 

 

 

Supply Agreement

 

On September 1, 2025, our subsidiary Xi’an App-Chem Bio (Tech) Co., Ltd (“App-Chem”) entered into a Sales Cooperation Agreement (the “Agreement”) with Beijing Huahai Keyuan Technology Co., Ltd (“Huahai Keyuan”). Under the Agreement, App-Chem grants Huahai Keyuan the non-exclusive right to market, distribute and sell App-Chem’s second-generation Apple Series Products, a line of natural weight management and metabolic health products formulated with apple polyphenols and plant proteins (collectively, the “Products”) in the Chinese market. The term of the Agreement is twenty-four (24) months.

 

App-Chem will be responsible for all research and development, production and quality control such that the Products are compliant with applicable national standards.

 

Pursuant to the Agreement Huahai Keyuan has guaranteed aggregate sales of no less than US$18,000,000 over the term.

 

In the event the Products fail to conform to the agreed quality standards, App-Chem shall be responsible for all testing expenses, as well as any costs associated with returns and exchanges.

 

Products will be transported to such sites as designated by Huahai Keyuan.

 

App-Chem must receive full payment from Huahai Keyuan for any Products before they are dispatched.

 

If either party breaches the Agreement and fails to cure such breach within thirty (30) working days after receipt of written notice from the non-breaching party, the non-breaching party may terminate the Agreement. The Agreement may also be terminated at any time by the mutual written consent of both parties. Either party that terminates the Agreement without justifiable reasons (as defined in the Agreement) or fails to fulfill its obligations under the Agreement shall compensate the other party with a liquidated damages equivalent to 15% of the total Agreement amount. Any lawsuits must be filed in a court located in the People’s Republic of China.

 

The foregoing is a summary of the material terms of the Agreement. The Agreement contains additional terms, covenants and conditions and should be reviewed in its entirety for additional information.

 

 

 

 

Exhibits

 

The following exhibits are included in this Form 6-K:

 

Exhibit No.   Description of Exhibit

10.1

  Translation of Sales Cooperation Agreement with Beijing Huahai Keyuan Technology Co., Ltd.
99.1   Press Release dated September 9, 2025

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: September 9, 2025 Bon Natural Life Limited
     
  By: /s/ Yongwei Hu
    Yongwei Hu
    Chairman and Chief Executive Officer

 

 

 

 

FAQ

What agreement did BON Natural Life Limited (BON) announce in this 6-K?

Bon Natural Life Limited disclosed that its subsidiary Xi’an App-Chem Bio (Tech) Co., Ltd. entered into a Sales Cooperation Agreement with Beijing Huahai Keyuan Technology Co., Ltd. for the distribution and sale of second-generation Apple Series weight management and metabolic health products in China.

What is the term and minimum sales commitment of BON’s new cooperation agreement?

The Sales Cooperation Agreement has a 24‑month term, and Beijing Huahai Keyuan Technology Co., Ltd. has guaranteed aggregate sales of no less than US$18,000,000 over that period.

What responsibilities does App-Chem have under the BON Sales Cooperation Agreement?

App-Chem is responsible for research and development, production and quality control of the Apple Series products so they comply with applicable national standards, and it must cover testing, return and exchange costs if products do not meet agreed quality standards.

How and when is BON’s subsidiary paid for products under the agreement?

Products are transported to locations designated by Beijing Huahai Keyuan, and App-Chem must receive full payment from Huahai Keyuan for any products before they are dispatched.

How can the Sales Cooperation Agreement be terminated and what are the penalties?

Either party may terminate the agreement if the other party breaches it and fails to cure within 30 working days after written notice, or by mutual written consent. A party that terminates without justifiable reasons or fails to fulfill its obligations must compensate the other with liquidated damages equal to 15% of the total agreement amount.

Where are disputes under BON’s Sales Cooperation Agreement resolved?

Any lawsuits arising from the Sales Cooperation Agreement must be filed in a court located in the People’s Republic of China.

Bon Natural Life Ltd

NASDAQ:BON

View BON Stock Overview

BON Rankings

BON Latest News

BON Latest SEC Filings

BON Stock Data

11.79M
8.13M
Specialty Chemicals
Basic Materials
Link
China
Xi'an