BOREAL WATER COLLECT (OTCMKTS:BRWC) a producer of award-winning high quality bottled water for premium private label clients, reported that it will demonstrate at the International High-end Drinking Water Conference in China on June 4 to June 6, 2015.
The expert view
Francine Lavoie, the CEO of Boreal Water, said that they are delighted to announce that their client CR Vanguard will be offering Boreal’s Baby Water in more than 300 supermarkets in China. With the rapid growth of China’s economy, there is positive impact on the per capita income, following which people are adopting higher living standards and improved quality of life.
The region
The drinking water demand has been on rise due to health and safety reasons. Back in 2012, the high-end drinking water division in China was projected at 1.5 billion U.S. dollars or 9 billion Chinese Yuan, with annual growth rate of 20%. Guangzhou which is economic and trading centre of China holds a prominent position in the South of China. Also, adjacent to South Asia, Hong Kong, Macao and Taiwan, Guangzhou has an exceptional economic power.
The client
CR Vanguard is a subsidiary firm managed by CR Group, a central state-backed group unit. It comes in the list of the Top 500 enterprises and is part of the largest retail chain enterprise organization. The Group intends to offer services and products of high quality to fulfill customer needs. So far, it has reached more than 100 center cities in twenty-seven provincial regions in China. Back in 2012, it generated the sales volume of US$10.7 billion from more than 4,420 stores with almost 200,000 employees.
The profile
BOREAL WATER COLLECT (OTCMKTS:BRWC) can be stated as a personalized bottler of a diverse line of several forms of water including Caffeinated Water, Natural Spring Water, and Functional Enhanced Water, Flavored Still or Sparkling and many others.
