RLF AgTech Ltd. to announce that it has entered into an annual sales contract with Hebei Veyong Bio-Chemical Co. Ltd2. Veyong has been operating in the field of agricultural pesticides for more than 60 years and has an extensive product line which is used in more than 80 countries throughout Asia, Europe, Oceania, Africa and the US.

In 2020, Veyong was ranked number 26 of the Top 100 Agrochemical companies in China and had total sales of RMB 1.96 billion (~AUD 408 million3) in 2019.4 RLF welcomes this new forward sales contract for the Company's Ultra-Foliar, Power PK and various trace element Foliar plant nutrition products used over a variety of crops such as wheat, rice, fruits and vegetables, and welcomes the opportunity to grow product sales through this distribution network. The contract period is for 12 months and commences from 1 July 2022.