PwC China and Hong Kong (PwC) has announced that Vitargent (International) Biotechnology Limited (Vitargent) has become its strategic partner. Leveraging on PwC’s extensive global network and Vitargent’s expertise, the strategic alliance will help both companies enter new geographic markets, as well as the food supply and integrity segments in China, Hong Kong and Southeast Asia.
A signing ceremony was held on Friday in Hong Kong by Elton Yeung, Strategy and Innovation Leader, PwC Greater China, and Jimmy Tao, Chief Executive Officer, Vitargent.
“Enhancing trust in food safety is a growing concern in a climate where public confidence in food producers, processors and sellers have been heavily disrupted in recent years. Despite the overall improvement of food safety and standards in many countries including China, the quality of many large-scale food companies remains unstable,” said Samie Wan, PwC Food Supply and Integrity Services Leader. “To address growing needs in this area, PwC Food Supply and Integrity Services was established in 2015. We believe our strategic alliance with Vitargent, leveraging their innovative testing technology, can provide our clients with a holistic one-stop solution.”
Jimmy Tao, Chief Executive Officer, Vitargent, said: “The strategic alliance between PwC and Vitargent is an important milestone for Vitargent. We share the same vision with PwC. It is our goal to develop a comprehensive quality control system for product safety worldwide, especially for the vast consumer market in Mainland China. We hope to benefit every industry by helping them improve their quality of products with the application of the world’s leading bio-testing technology and Test-it™ consumer product safety information platform.
“Together we have formed a professional team with over 30 experts. We will be publishing Test-it™ reports and safe-to-buy product lists so the public can access product safety information and make good use of world’s first Testing 2.0 biotechnology data in everyday lives, which will gradually develop into the most dependable report of its kind. It also serves the purpose of building consumers’ trust in brands and manufacturers. It is a sustainable development for the society.”
Elton Yeung, Strategy and Innovation Leader, PwC, said: “Our strategic partnership with Vitargent is PwC’s testimony in building trust in society and solving important problems. As our food supply becomes increasingly globalised, and the cycle of food production to consumption continues to change and evolve, the need to strengthen food safety systems in the supply chain and amongst countries is imperative. Leveraging PwC’s global network and Vitargent’s award-winning safety testing technologies, we are well positioned to safeguard and promote the importance of food safety and quality, and increase general consumer confidence.”
Established in 2010, Vitargent is a pioneer in the field of safety testing technology. With hands-on guidance from its world renowned Scientific and Business Advisory Boards, it combines technological expertise with social responsibility. Test-it™ is the consumer product safety information platform under Vitargent. With the world’s first Testing 2.0 bio-testing technology, it provides dependable information for consumer product safety.
