Zixin Group Launches Strategic Joint Venture for Fresh Agricultural Distribution in Southeast Asia

Key Expansion into Singapore and Beyond with “NutriRootz Raw” Brand

Summary of Announcement

• Zixin Group Holdings Limited, through its wholly-owned subsidiary Zixin Enterprise (Singapore) Pte. Ltd., has established a new joint venture, Zixin Fresh Import & Export Pte. Ltd., with AANDJ Group Pte. Ltd.
• The joint venture targets the fresh agricultural distribution business, initially focusing on Singapore and subsequently expanding into other Southeast Asian markets, notably Malaysia.
• Zixin Fresh will spearhead the import and distribution of high-quality sweet potatoes, launching under a new “NutriRootz Raw” brand.

Details of the Joint Venture Structure

• Shareholding: Zixin Singapore will hold a 70% stake, while AANDJ Group will own the remaining 30%.
• Board Composition: The board of directors for Zixin Fresh will consist of three members, with Zixin Singapore appointing two (including the Chairperson) and AANDJ Group appointing one.
• Capital Structure: Zixin Fresh was incorporated with an issued and paid-up capital of S\$10,000, funded through Zixin Group’s internal resources.

Business Focus and Strategic Rationale

• Business Activities: Zixin Fresh will focus on importing premium sweet potato varieties (“Durian Sweet Potato” and “Black Gold Sweet Potato”) from Hainan, China, for distribution in Singapore and Malaysia. Additional fresh vegetable crops will be identified for future distribution.
• Market Penetration: The venture will leverage AANDJ Group’s established distribution platforms, covering local wholesale markets, supermarket chains, and F&B operators, providing immediate market access and sales channels for Zixin’s produce.
• Brand Launch: The new “NutriRootz Raw” brand will position Zixin Group as a provider of high-quality, traceable, and nutrient-rich fresh produce, targeting both consumer and business segments.
• Integrated Value Chain: The initiative supports Zixin Group’s vision of a fully integrated sweet potato ecosystem, spanning upstream cultivation and R&D, midstream processing and supply chain, and downstream branding, distribution, and retailing.

Financial and Shareholder Impact

• Financial Effects: The joint venture is not expected to have any material impact on the consolidated net tangible assets or earnings per share of Zixin Group for the financial year ending 31 March 2027.
• Shareholder Interests: None of the directors or controlling shareholders of the Company—or their associates—have any direct or indirect interest in the joint venture, apart from their shareholdings in Zixin Group.

Potential Price Sensitive Information

• The launch of the “NutriRootz Raw” brand and entry into fresh agricultural distribution in Singapore and Malaysia represent new revenue streams and market expansion opportunities for Zixin Group.
• Immediate access to AANDJ Group’s distribution platforms could accelerate market penetration and brand recognition in Southeast Asia.
• Establishing a fully integrated value chain enhances the Group’s competitiveness and scalability in the fresh produce market, potentially strengthening long-term earnings and shareholder value.
• However, as stated, the financial impact for FY2027 is not expected to be material, which may temper near-term share price movements.

Cautionary Note to Investors

Shareholders and potential investors are advised to exercise caution when dealing in the shares of Zixin Group Holdings Limited. If in doubt, they should consult their stockbrokers, bank managers, solicitors, accountants, or other professional advisers before making investment decisions.

Corporate Governance and Compliance

This announcement has been reviewed by the Company’s sponsor, RHB Bank Berhad, in compliance with Rule 226(2)(b) of the SGX Catalist Rules. The SGX has not reviewed or approved the contents of this announcement.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. The information provided is based on the official announcement by Zixin Group Holdings Limited dated 13 April 2026. Investors should conduct their own due diligence and consult with their professional advisors before making any investment decisions.

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