The board of directors of Palinda Group Holdings Limited announced that the PALINDA wine series of the Group have been formally launched in Hyundai Department Store Duty Free in South Korea, successfully developing the South Korean and international markets and allowing customers to enjoy a better shopping experience. The Company believed that by partnering with Hyundai Department Store Duty Free, the Company increases its turnover and profit, and will be able to leverage its business network and customer base to further enhance the image of the Company's wines in the South Korea and international markets, thereby strengthening the Company's competitiveness.