China: Yunnan Tobacco Monopoly Administration Cooperates with Guizhou Tobacco Industry

On June 12-13, one delegation of Yunnan Tobacco Monopoly Administration led by deputy general manager Yang Jingjian to have a discuss with related persons of Guizhou Tobacco Industrial Corp. on cigarette brand cultivation and market development. After discussion, considered the actual demand of Yunnan,and Guizhou development targets, both sides agreed to reach a strategic cooperation agreement. Under this agreement, in the next two years, Guizhou Tobacco Industrial Corp. will supply 3 yuan/pack cigarettes to Yunnan market no less than 30000 cases each year, and Yunnan Tobacco Industrial Corp. will purchase 5 yuan/pack cigarettes about 10000 cases each year, the quantity of other brands can change according to market demands. Enditem