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NEW YORK, NY and HONG KONG / ACCESSWIRE /
May 13, 2021 / Sino United Worldwide Consolidated Ltd. (OTC PINK:SUIC) has signed a Supply Chain Financing Agreement with Seiki Digital, a Hong Kong company that manufactures consumer electronic goods and smart appliances for global distribution. SUIC is lining up the U.S. and Asian financial institutions that will provide support and financing to Seiki Digital.
Seiki Digital distributes its products in the US through Amazon, Famsa, Aaron's, Fry's Electronics, Target, AAFES, Conn's, RC Willey, RAC, HEB, La Curacao, The Home Depot, Mito, Shopko and other major distributors.
SUIC believes Seiki Digital is a high-growth company that is well-established and with a stable earning power and market position, that seeks long-term sustainability and international expansion. SUIC is in a unique position to contribute to Seiki Digital's sales and marketing efforts by bolstering their working capital needs that will support Seiki's domestic and international trade. This will ultimately facilitate the inclusion of Seiki Digital in the SUIC Supply Chain Finance value chain.