Tag: Ni Hsin Resources Berhad

Ni Hsin EV Tech Sdn Bhd, a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad) (Ni Hsin), today entered into a Memorandum of Understanding with Dongguan Tailing Motor Vehicle Co., Ltd. (TAILG) with the intention to collaborate and explore opportunities in the study, research, development, assembly and distribution of customised Electric Vehicles (EV) for commercial purposes in Malaysia and the ASEAN region (the Proposal).

Established in 2004, TAILG is one of the top three manufacturers of electric two-wheelers in China with a presence in over 75 countries and a research and development arm that has come up with over 420 patents relating to high performance EV, extended efficiency and cloud services.

TAILG has won numerous awards including National High-Tech Enterprise and National Quality Training Base, and delivered EV models to China Telekom, Baidu Takeaway as well as Proctor & Gamble, amongst others. Environmental, social and governance (“ESG”) is a strong focus of TAILG’s operations, and the company is also a partner of the “United Nations Environment E-mobility Programme”.

Khoo Chee Kong, Managing Director of Ni Hsin EV Tech Sdn Bhd, said: “The transport sector is responsible for 14% of global greenhouse gas emissions. The challenge of reducing transport emissions is proving increasingly important. This puts the emphasis on technological and organisational change, steering the world towards electromobility and zero-emission transport with the ultimate effect of reducing emissions in this sector and improving the health of the planet’s population.”

Businesses have begun to embrace using EVs for delivery as they offer tangibly lower maintenance and operational costs due to their radically simpler mechanical systems that require little regular upkeep, such as not requiring costly oil changes. Industry giants like Amazon, Flipkart, IKEA, Swiggy and Grofers have been using electric bikes for deliveries in most cities.

Khoo added, “The Ni Hsin Group’s venture into the e-mobility business is about business sustainability as well as a commitment to the ESG criteria of sustainability. Complementing our BLACKBIXON Coffee business concept of cafe@anywhere, we have created our proprietary Mobile Beverage Machine which uses EV bike to power the operation of the coffee machines to brew and serve our BLACKBIXON coffee to customers at various popular locations in cities around the country. We are also targeting to expand this business model across ASEAN.

Through the collaboration we will be working with TAILG to develop the EV bikes for the above and other commercial purposes.”

Please contact the below for more information:
Hakim Juraimi
Email: h.juraimi@swanconsultancy.biz

BlackBixon Coffee to expand its market reach via new partnership

Ni Hsin Resources Berhad’s (Ni Hsin) food and beverage arm, Blackbixon Sdn Bhd (BlackBixon), has signed a brand partnership agreement with Koperasi Tenaga dan Petroliam Berhad (KTP), a cooperative for entrepreneurs in the oil and gas (O&G) industry, to grow the market for the ‘BlackBixon’ energy coffee drink.

The partnership will see BlackBixon retailing its drinks at various onshore and offshore O&G locations owned by members of KTP. This agreement will not only benefit BlackBixon through having more locations to distribute the energy coffee drink, but also benefits members of the cooperative, who will have another source of income through their participation in the BlackBixon business.

Present at today’s signing ceremony were the Guest of Honour, Encik Yazid Jaafar, President/Chief Executive Officer of Malaysia Petroleum Resources Corporation; Encik Sofiyan Yahya, Chairman of KTP and Mr. Khoo Chee Kong, Managing Director of BlackBixon.

Khoo said, “KTP is a cooperative established by professionals from the energy sector in 2019. One of KTP’s main mission is to enhance the economic and social well-being of its members through investment and entrepreneurial activities. BlackBixon’s business model fits in nicely, promoting small scale business which the members of KTP can participate.”

“As BlackBixon’s Brand Partner, KTP offers extensive networking and marketplace, primarily among the oil & gas and energy sectors. KTP also has an online business platform called edagang. We are optimistic this growing online business platform will further enhance the visibility of and offer business opportunities for BlackBixon. We view this Brand Partnership Agreement between KTP and BlackBixon as synergistic for both parties. Together, we are POWERING THE ENERGY PEOPLE!” he added.

BlackBixon represents the first venture by Ni Hsin into the F&B industry, with other plans in the pipeline to grow the business regionally given the heightened interest in energy drinks combined with the coffee-drinking culture of today.

Blackbixon recently appointed Red One Network Sdn Bhd, a mobile virtual network operator (MVNO), to market and retail BlackBixon coffee to its 1.2 million subscribers.

Subsequently, Ni Hsin also filed for a patent for BlackBixon’s invention, which includes the composition for boosting energy level, anti-fatigue and boosting mental alertness as well as use of the composition thereof, to protect the Company’s rights and to secure competitive advantage for its F&B business in selling products using the invention.

BlackBixon Energy Coffee is a composition providing the benefits of caffeine and ribose in combination when consumed. The drink accentuates the human body’s natural process of energy synthesis while at the same time lessening fatigue and boosting the mental alertness of an individual.

Please contact the below for more information:
Hakim Juraimi
Tel: +60 12-318 5410
Email: h.juraimi@swanconsultancy.biz