Jatenergy Limited (ASX: JAT) has announced its intention to open its Maternity and Infant Boutique in China. The store would be located in a prime retail location in Shanghai with scheduled opening in March 2020.
- JAT believes that the store would be the only wholly-owned retail outlet by an Australian company in China to sell dairy products.
- The company has developed its own brands through its manufacturing facility in Australia.
- The opening of the store would mark the completion of end-to-end supply chain for the business.
By 1:12 PM AEST, JAT was quoted at $0.05, no change from the previous close.
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