China 3C Group (CHCG.OB), a leading retailer and distributor of consumer and business products in China, recently announced that the company has signed an exclusive sales agreement with ACA (Zhuhai) Limited Company, a leading manufacturer of household appliances with worldwide distribution channels.
China 3C’s wholly owned subsidiary, Zhejiang Sanhee Electronic Technology Limited Company, has been authorized to exclusively sell ACA’s products in eight Wumart stores in the Zhejiang Province. Wumart Group is one of the leading grocery chains in China. This agreement further strengthens China 3C Group’s goal of maximizing the amount of product sold per retail location, including household appliances and rice cookers. The company will also introduce new, in-demand products, such as toasters and ovens, to these existing retail locations to optimize sales opportunities at each retail outlet.
Additionally, this agreement with ACA will add a strong brand name to the company’s current list of manufacturers. As China 3C Group’s relationship with ACA matures, the company intends to expand its sales opportunities of toasters and ovens to over 900 retail outlets in the Eastern China region.
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