Happiness Development Entered into Agreement for Sales up to 2000 Electric Vehicles
NANPING, China, May 25, 2022 /PRNewswire/ — Happiness Development Group Limited (“HAPP” or the “Company”), (NASDAQ: HAPP)an emerging and diversified company engaging in the business of production and sale of nutraceutical and dietary supplements, providing e-commerce sales and marketing solutions, and the sales of automobile today announced thatits automobile sales subsidiary ‘Taochejun”has entered into a strategic cooperation agreement with Fujian Yiluba Automobile Service Consulting Co., Ltd. (“168”). According to the cooperation agreement, over the next three years, 168 plans to purchase from Taochejun up to 2,000 new energy vehicles. If 168 purchases all of the 2,000 vehicles, the total value would be about RMB200 million (approximately $30 million).
