[straight news network Beijing on July 6 news] (BWL) on 5 July 2016, Singapore listed on the main board of the company - American World International Co., Ltd. (hereinafter referred to as "the nation's world") today announcement, the company has received issued by China's Ministry of Commerce direct sales business license. At this point, the United States is the world's second largest direct selling market in the world - China operations.

It is reported that the United States the world focus on customer development, production and marketing of advanced skin care, personal care, nutrition, and health products, the nation's world said, companies need to on 7 June 2016 up within six months in Hangzhou to establish eight service outlets and complete audit license to take effect. Then, the website of the Ministry of Commerce will update about the license to start information.

Since 2006 to April 26, 2016, the Ministry of commerce only issued 77 a direct selling license, which only 16 license is issued to international direct selling companies.

Direct selling market in China, through the continuous rise of consumer culture and more favorable policies of the government, in 2015 the growth rate has been as high as 19%, the overall turnover of Direct Selling Company more than 220 billion yuan.

At present, across the world to agents of the brand marketing products mainly through export. Through agents and distributors products to the whole of China beauty salon, salon nail salon and Spa shop pathway. In the direct marketing business model, the group will be the beauty shop and SPA shop access to the United States and the world's products dealers and service outlets.

Hoan Dora, executive director of the United States and the executive director of the United States, said: "the approval of China's direct selling license can be regarded as an important milestone for our company. We are ready to meet this huge market potential, and we have already completed the registration of all our products before the approval letter is received. We are convinced that China's vast and growing market potential will group the next five to eight years of growth to lay the foundation, and we will continue to expand our in China's business empire, continue to attention in the United States the world continue to grow in the future and to enhance shareholder value. "

Dr. Tan Doreen, CO president and President of the United States World Group, added: "we have obtained a license to approve the hard cost of the Chinese market in the past few years. In Taiwan and Indonesia and other major markets on the basis of success. We look forward to through our products, improve the health of Chinese customers and drive unprecedented growth, at the same time as the direct selling industry in the integrity of the company. "

The United States is expected to approve China's direct selling license will not have a significant impact on the consolidated net tangible assets and earnings per share for the year ended December 31, 2016 fiscal year. When China direct selling licenses to any significant progress, will further notice.

All the world:

American World International Co., Ltd. was established in 1990, is headquartered in Singapore, the company focused on R & D, manufacturing and marketing high-quality personal skin care products, nutritional supplements and articles for daily use and health care, 12 markets through direct channels available to the customer. The United States has established a global sales network of more than 412000 independent distributors and member customers.

In July 2004, the United States became the first Direct Selling Company listed on the Singapore exchange. Today, the United States in Singapore, Thailand, Taiwan, Indonesia, Malaysia, Vietnam, Hongkong, China, South Korea, Philippines, Burma and Dubai are the local big Direct Selling Company. The company also produces and sells "all gold" health products in China and sells it through 28 provinces in China. 3

(original title: the world that licensed ready to knock on the world's second largest direct selling market)

Editor: Chen Feng

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