SUIC Beneway Signs Agreement with Taiwan Top Catering Group to Create Franchise & Supply Chain-tailored AI & Fintech Platform Ahead of IPO Roadshows and Capital Raise

SUIC Worldwide Holdings announced that it has reached a cooperation and joint venture agreement with Taiwan’s I.H. Art Group (which has established 150 stores in Taiwan and in ten other countries) to create a brand new catering franchise & supply chain-tailored AI & Fintech platform services expected to bring revolutionary changes to the global catering industry.  SUIC and Beneway have started roadshows for Beneway’s pre-IPO fund raising as its initial public offering edges closer.

Hank Wang is appointed by the board of directors as the new CEO of SUIC to assist in growing the platform, market segments and IPO processes. He has been serving as the CEO of I.H Art Group since 2018. He served as the Secretary General of Taiwan Quantitative Hedging Development Association before joining the I.H Art Group. Hank Wang received a BA Degree in Finance at the Tamkang University, Taiwan.

This cooperation is not only a strategic alliance between the two companies, but also a cross-border innovation endeavor. The cooperation between SUIC and I.H Art Group will bring a new perspective into the catering industry, provide consumers with more high-quality and healthier food choices, and achieve greater returns and value to the shareholders and investors of the two companies.

"We are pleased to announce our upcoming public roadshows to showcase SUIC-Beneway's story prior to our initial public offering. We thank our new partner bankers and professionals of Wall Street, for their strong support and overwhelming interest in our stock market listing. We are transforming and will grow SUIC Beneway into a long term success in multiple geographies. We aim to solidify our position as a leading player in the global catering franchise and fintech market," said Hank Wang, CEO

Source: SUIC Worldwide Holdings media announcement