SUIC Worldwide Holdings Ltd. (SUIC) Announces I.Hart Group Acknowledgement by Taiwanese Government as Exclusive Catering Group with Role Model Status Award

  • The global Asian food market value was estimated at $437.15 billion in 2022. The market is expected to reach approximately $805.08 billion by 2031, growing at a CAGR of 7.1% during the forecast period
  • This recognition adds to I.Hart’s list of achievements, including multiple awards received by its chefs and culinary teams, such as the National Yushan Award for three consecutive years in categories like The Most Outstanding Enterprise, Outstanding Enterprise Leader, and The Best Product
  • SUIC is the largest shareholder and major operating partner of Beneway Holdings Group, of which I.Hart Group is a subsidiary

SUIC Worldwide Holdings (OTC: SUIC), provides research and development, venture financing, and investment for private and public companies that develop products and services in the areas of Internet of Things, cloud computing, mobile payments, Big Data, blockchain, artificial intelligence and global franchising. The company recently announced that SUIC’s I.Hart Group has been acknowledged by the Taiwan government as exclusive catering group and awarded the Role Model status, demonstrating its excellence and innovation to global clients and partners (https://ibn.fm/YPXGp). This will advance I.Hart Group’s joint ventures that will bring together world-class business leaders and further its initiatives in the U.S. and in global markets – paving the way for fast growth of Beneway USA’s IPO.

According to Growth Market Reports, the global Asian food market value was estimated at $437.15 billion in 2022. The market is expected to reach approximately $805.08 billion by 2031, growing at a CAGR of 7.1% during the forecast period. The increased interest in home cooking and product innovation are driving the market’s rapid expansion in the Asian food market sector (https://ibn.fm/Gt4ZR).

The Taiwan government agency, O.C.A.C., has chosen I.Hart Group, Taiwan, as an exclusive role model. I.Hart Group will be showcasing its award-winning central kitchen, restaurant, and products during this special visit. This recognition adds to I.Hart’s impressive list of achievements, including multiple awards received by its chefs and culinary teams, such as the National Yushan Award for three consecutive years in categories like The Most Outstanding Enterprise, Outstanding Enterprise Leader, and The Best Product.

SUIC is the largest shareholder and major operating partner of Beneway Holdings Group, of which I.Hart Group is a subsidiary. Currently, I.Hart Group operates 150 franchised locations globally across various brands and products. The company is actively incorporating more successful brands into its Asian portfolio, such as Thai Food, Hainan Chicken, and Asia-style BBQ skewers. It aims to introduce 25 different brands into the US franchise market across all 50 states. Employing its successful multi-branding business model, I.Hart Group is collaborating with top franchise marketing and sales agencies in the US to expand and achieve its target of 750 franchises and self-owned restaurants before its IPO.

“Our vision and passion seek and create viable solutions using our new-generation technologies will empower our partner merchants, franchisees and suppliers and make a difference for our customers around the world, forming our global technology hub in the process,” said SUIC CEO Hank Wang. “This is how SUIC applies innovation power to bring about enduring value to our shareholders and to the society. We are committed to building on this legacy as SUIC and Beneway move forward together.”

SUIC works with Beneway in several business ventures, focusing on fintech, food industry supply chain integration, global chain and franchise expansion, and other supply chain integration. The company’s ventures seek to enhance and streamline existing processes and establish new and exciting business models that will create revolutionary products and services.

For more information, visit the company’s website at www.SinoUnitedCo.com.

NOTE TO INVESTORS: The latest news and updates relating to SUIC are available in the company’s newsroom at https://ibn.fm/SUIC

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