Gyeonggi Agricultural and Food Companies Participate in Asia’s Largest Food Fair, Securing USD 16.94 Million in Contracts
Createdd 2025-05-25 Hit 3
Contents
○ Gyeonggi records USD 20.37 million in export consultations at SIAL China 2025
○ Ten Gyeonggi agricultural and food companies participate, signing business agreements totaling USD 16.94 million
Gyeonggi and the Gyeonggido Business & Science Accelerator announced on the 25th that ten Gyeonggi companies, including Ains Co., Ltd., participated in the SIAL China 2025 food exhibition, resulting in USD 20.37 million in export consultations and USD 16.94 million in contract agreements.
Held from May 19 to 21 at the Shanghai New International Expo Center, SIAL China is Asia’s largest food exhibition, spanning 200,000 square meters and featuring over 5,000 participating companies and approximately 150,000 visitors.
This initiative was part of Gyeonggi’s overseas market development support program for agricultural and food products. Participating companies conducted preliminary virtual consultations with pre-matched buyers and followed up with in-person meetings at the exhibition to deepen discussions.
RenewalLife, based in Yangpyeong County, specializes in producing rice cakes, rice sticks, brown rice puffs, and other products made from locally grown organic rice. At the expo, the company signed two memorandums of understanding (MOUs) valued at USD 1 million and USD 5 million, respectively, through consultations with pre-matched buyers.
A representative from RenewalLife stated, “Thanks to the thoughtful support of the organizers, we were able to fully focus on export consultations with buyers. The video meetings conducted in advance allowed us to reach solid preliminary agreements, which led to strong results at the event.”
GeumSeong TK, based in Paju City, sells snack seaweed, golden honey citron tea, and Korean ginseng drinks through airport duty-free shops as well as in the United States and Hong Kong. At the expo, the company was recognized for its innovation and signed a USD 5 million business agreement with a distribution specialist buyer.
Lee Byeong-jik, Director of the Gyeonggido Business and Science Accelerator GBC Shanghai, who oversaw the event, stated, “Among the 15 exhibition halls, the International Food Hall (Hall N1), where the Korea Booth and Gyeonggi Booth were located, was positioned at the main entrance, drawing significant attention from visitors.” He added, “The event was a great success, attracting not only Chinese food distribution officials but also buyers from Russia, South America, the Middle East, and Africa to the Korea and Gyeonggi booths.”
Bae So-yeong, Director of the Agricultural Food Distribution Division of Gyeonggi, stated, “We plan to actively support Gyeonggi’s agricultural and food companies in expanding into overseas markets to enhance their global competitiveness and achieve even greater outcomes… We also expect that this support will contribute to increasing the income of farmers in Gyeonggi.”
Gyeonggi and the Gyeonggido Business and Science Accelerator plan to continue providing follow-up support to ensure that the consultation outcomes from this year’s participation in SIAL China lead to finalized contracts.