Happiness Development Exported $1.2 million Lucidum Products

Happiness Development Group Limited (“HAPP” or the “Company”), (NASDAQ: HAPP)a China-based company engaging in the business of production of nutraceutical and dietary supplements, providing e-commerce solutions, and the sales of automobile, announced today that it has signed sales of goods agreements with several trading companies to export its lucidum products with a total value of approximately $1.2 million to the oversea market.

“Since we registered the exportation of our lucidum and Cordyceps products in April 2020 with Customs of the People’s Republic of China in Nanping City, we have been exploring the possibilities and opportunities to export our products. We are glad that we have made exciting progress. The first patch of lucidum products of approximately $0.8 million has been exported in August this year, and this time we have signed the agreements for the trading companies to export approximately $1.2 million worth of our lucidum products. Our lucidum products has gradually gained recognition and has promising market potential in the overseas market. In the future, we will further expand our reach in the global market by leveraging our own cultivation technology and our cost advantages,” said Mr. Xuezhu Wang, CEO of the Company. (Source: prnewswire.com)