Categories TechMediaWire

SUIC Worldwide Holdings Ltd. (SUIC) Expects 2024 to Be Its Best Year Yet with Move to Significantly Expand Product Markets

  • SUIC CEO Hank Wang recently joined Bell2Bell Podcast host Stuart Smith to discuss the company’s operations and business model, recent milestones, and plans for 2024
  • The venture financing and support company, through its I.Hart Group and Boom Fintech subsidiaries, has entered into agreements that set the stage for significant expansion
  • SUIC’s I.Hart Group recently signed a brand corporation agreement with 7-Eleven, expected to promote the company’s long-term growth
  • The company’s Boom Fintech is working on financing that will support the creation of a revolutionary B2B financing platform and boost supply chain integration for suppliers
  • SUIC expects to significantly expand its product markets, making 2024 its best year yet, according to Hank

SUIC Worldwide Holdings (OTC: SUIC), a provider of research and development, venture financing, and investment for public and private companies, was featured in a recent episode of The Bell2Bell Podcast. SUIC CEO Hank Wang joined host Stuart Smith to discuss the company’s operations and business model, recent milestones, and plans for 2024 (https://ibn.fm/dy633).

According to Mr. Hank, SUIC targets opportunities to enhance and streamline existing supply chain and financial processes. The company is the largest shareholder and major operating partner of Beneway Holdings Group, Ltd. USA (“Beneway USA”), which itself is the parent company of I.Hart Group Taiwan, a company that operates 150 global franchised locations under a variety of brands and products, and Boom Fintech, a fintech company that develops and offers an all-in-one platform designed for merchants.

Over the last few months, both I.Hart Group and Boom Fintech have made substantial strides that bring SUIC closer to its expansion goals. In February, I.Hart, whose portfolio of brands and products includes MONGA(C) Taiwan style fried chicken, flower tea drinks, cloud kitchen management, AI smart machines, dumplings, and more, signed a brand cooperation agreement with 7-Eleven Group, Taiwan’s largest convenience store chain with more than 6,800 stores countrywide. The agreement opens up MONGA(C) Fried Chicken’s multi-channel distribution in Taiwan and through 7-Eleven’s international network of stores (https://ibn.fm/1MLUH).

This agreement, SUIC believed, also opens doors for more cooperation with U.S. brands and promotes overall business expansion, a belief that Hank reaffirmed during the recent interview. Hank noted that the cooperation with 7-Eleven represents “an unprecedented prospect to promote our long-term growth,” further noting that the company will leverage its fast-growing competitive affiliations to “offer additional value to customers in different parts of the world.” In addition, and separately, I.Hart is working on integrating more successful brands into its family, targeting 25 different brands to enter the US franchise market in 50 states. And as Hank put it in the interview, the company hopes to replicate I.Hart Group’s unique multi-brand model in the U.S.

On its part, Boom Fintech, which holds nine revolutionary fintech patents, recently reported to work with BD Bankers to access credit of up to $100 million in intellectual property (“IP”) financing intended to support the creation of a revolutionary B2B financing platform for merchants and franchisees and boost supply chain integration for suppliers (https://ibn.fm/JfHzb).

The efforts of both I.Hart Group and Boom Fintech are expected to accelerate Beneway’s plans for an initial public offering (“IPO”). Beneway intends to file the S-1 form with the Securities and Exchange Commission (“SEC”) later this year as part of its plans to list on a national stock exchange in what is expected to maximize SUIC’s corporate and shareholder value, according to Hank. In addition to the planned IPO, SUIC has additional plans for 2024.

“SUIC expects to significantly expand our product markets, making 2024 its best year yet,” explained Hank. “Looking forward, SUIC will continue to introduce more co-branding products in the U.S. with other prestigious brands to expand our business. [In addition,] we would like to focus on Fintech through industry supply chain integration, global chain and franchise expansion, and other supply chain integrations to enhance and streamline existing processes and establish new and exciting business models that will create revolutionary products and services.”

To listen to the interview, please visit https://ibn.fm/vViFQ

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

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from TechMediaWire, text “TECH” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TechMediaWire.com

Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer

TechMediaWire
Los Angeles, CA
www.TechMediaWire.com
310.299.1717 Office
Editor@TechMediaWire.com

TechMediaWire is powered by IBN

TechMediaWire

Share
Published by
TechMediaWire

Recent Posts

Positioning for a GPS-Denied Future: SPARC AI Expands U.S. Defense Footprint with Proven Industry Leadership

Disseminated on behalf of SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF) and may include paid…

3 days ago

Study Finds AI Tools Trigger “Brain Fry” in Employees Using Them

Artificial intelligence is often described as a tool that will make work easier and faster.…

3 days ago

TechForce Robotics (NGTF) Expands Robotics-as-a-Service, Strengthening Its Position in Hospitality Automation

NGTF reported $2.97M in revenue, highlighting growth in RaaS and hospitality operations Nightfood Holdings leverages…

4 days ago

Beeline Holdings Inc. (NASDAQ: BLNE) Sets March 30 Call to Review Q4 Results, Including a $100M Run Rate by December 2027

Beeline Holdings will host a stakeholder call on March 30 to discuss Q4 2025 financial…

4 days ago

Financial Services are at a Tipping Point as AI Goes Mainstream

Financial services are at a tipping point. Artificial intelligence and modernization are no longer separate trends; they…

5 days ago

Frontieras North America Inc. Is ‘One to Watch’

Frontieras’ patent portfolio includes protection across five continents and nine countries, covering approximately 85% of…

5 days ago