Jatcorp Ltd (JAT)
Key Information
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Company Deep Dive
JATCORP (ASX: JAT) was established in 2008 and has its own state of art manufacturing plant in Melbourne (ANMA) and offices in Sydney and Melbourne. JAT has a number of subsidiaries and joint ventures in Australia and Asia and is listed on the Australian Stock Exchange (ASX: JAT).
JAT, at the forefront of innovative technology servicing the world’s largest retail markets. With a track record of successful product development and distinguished technology, JATCORP is a leading producer of dairy products, clinical skin care and other retail lines.
JAT's recent agreement with Sanmik Natural Foods Pty Limited to develop ice cream and yogurt products is one of a number of agreements expected to be entered into by JAT in the short term as it moves to capitalise on the unsolicited interest it is receiving from manufacturers and distributors of a variety of food products who wish to access the immune products developed by JAT.
Another agreement with Koha Foods is the first step by JAT into the US market for its in house products. The Koha Foods distribution agreement provides for exclusive distribution rights for JAT’s Jinvigorate and Moroka products only.
Highlights
The agreement with Koha Foods is the first step by JAT into the US market for its in-house products
Development of immune support products line for supply worldwide
Driven by innovation and R&D in nutrition
Innovative premium, high quality products
Research-based scientific formulas, state-of-the-art manufacturing facility
Strategic research-backed product developments with The University of Sydney, Monash University and RMIT
Showcase your ASX company to 500k+ investors
People
Directors and Management Team
Wiltan Yao
Wilton has many years’ experience in investment and business management. He has been a member of the board of directors in several Australian listed companies and he has close ties with overseas investors, especially in the Asian market.
Wiltan Yao
Managing Director
Wilton has many years’ experience in investment and business management. He has been a member of the board of directors in several Australian listed companies and he has close ties with overseas investors, especially in the Asian market. Wilton has been involved in the financing, investment and daily management of Australian listed companies. He also has extensive experience in the operation and management of health food and dairy businesses, as well as in business strategy, planning and development, new product development and brand building.
Sun Xin
Mr. Sun Xin is currently Managing Director of Guangdong RYS Investment Ltd, a midmarket private equity buyout firm with a focus on mainland China. RYS is based in Shenzhen, China, and currently employs a team of 20 professionals.
Sun Xin
Non- Executive Director
Mr. Sun Xin is currently Managing Director of Guangdong RYS Investment Ltd, a midmarket private equity buyout firm with a focus on mainland China. RYS is based in Shenzhen, China, and currently employs a team of 20 professionals. Prior to commencing with RYS, Mr Sun worked for a number of securities firms including CDB Securities Ltd, a company within the China Development Bank group. Mr Sun is well experienced in Chinese securities and business regulation as well as the development and execution of strategic transactions in China and the Asia-Pacific. Mr Sun is a Representative Sponsor of the China Securities Regulatory Commission.
Brett Crowley
Mr Crowley is a practicing solicitor and a former Partner of Ernst & Young in Hong Kong and Australia, and of KPMG in Hong Kong. He established and managed a joint venture company in China. Mr Crowley is an experienced chairman, finance director and company secretary of ASX-listed companies, and is a former Senior Legal Member of the NSW Civil and Administrative Tribunal. He has been JAT Secretary since December 2017.
Jennifer Liu
Jennifer has extensive experience in senior finance roles across several industry sectors including FMCG, manufacturing, transport, and import & export. Her Australian experience includes large ASX listed companies such as AMCOR, James Hardie and Terry White Chemist.
Jennifer Liu
CPA
Jennifer has extensive experience in senior finance roles across several industry sectors including FMCG, manufacturing, transport, and import & export. Her Australian experience includes large ASX listed companies such as AMCOR, James Hardie and Terry White Chemist. Jennifer previously held the position of International Trade Finance Manager in one of the big 4 state owed banks in China. Jennifer’s qualifications include Bachelor of Economics, Master of Practicing Accounting from Monash University, Melbourne, and CPA Australia. Jennifer joined Jatcorp in July 2019.
JAT Brands and Agreements
Jinvirogate
Jinvigorate is JAT’s latest brand. This brand will include a range of milk powder-based healthy supplements for people who are looking for products with specific functions to support their health, such as low GI, low sugar or sodium content and the like. The first product in this range will be launched in February 2021, with other products to follow during the year. As the first product to be developed under this brand, the Jinvigorate Diabetic Formula, is a great food supplement for people who are looking for products with a low GI value.
Neurio
Neurio, JAT’s most well-known brand in the Asian market, offers a large range of products focussed on supporting the health of people of all ages, from babies to seniors, through its large range of nutritional milk powder formulations and other products.
The Neurio range is developed to provide nutritional support to boost the immune system and improve the intestinal and digestive systems. Neurio’s range of infant formulas are specifically formulated to contribute to the development of healthy babies and toddlers.
The Neurio range also contains a number of pre- and probiotics, vitamins and minerals, specific to each age group
Ione
The milk powder used in JAT’s new ione milk powder range is sourced from Australian free-range cows. In accordance with modern health concepts, ione milk’s full cream and skim milk powders are high in calcium and protein and low in sodium. They contain no artificial flavours or colouring.
Ione full cream and skim milk powders are unique on the market, as they also contain dietary fibre to enhance immunity and support a healthy gastric and intestinal system. In addition, the dietary fibre promotes calcium absorption so may reduce the risk of osteoporosis and may also help prevent obesity.
Resealable packaging makes the product easy to store and use, whilst keeping it fresh for longer.
Moroka
Moroka Formulated Milk Powder with Lactoferrin is one of JAT’s newest products. The brand name was inspired by the small town of Moroka and the beauty and freshness of the Victorian Alpine region where it is located.
Moroka is a nutritionally complete and easily absorbed scientifically based formula. It contains immunoglobulins (IgG) which support the immune system to fight infections, Lactoferrin which regulates iron absorption and Fructo-oligosaccharide (FOS) which supports a healthy gut function and reduces constipation.
The product is suitable from 3 years of age to seniors. It is a unique product with a delicious taste, enjoyed by young and old.
Poupin
The Poupin Silky Brightening serum is a revitalizing and restoring serum made with natural herbal extracts. Phytosilica (a biological “micro-needle”) helps the key ingredients penetrate deep into the skin to keep the skin healthy.
Jatcorp’s joint venture company, JWR International, is developing this range to be sold in department and cosmetic stores across China. The first product that has been given the green tick is the Poupin Silky Brighten Revitalising Serum which can now be sold in China through offline channels such as local department stores and specialty cosmetic stores.
V Meat
Vmeat is a new range of plant-based meat products developed by JAT. Vmeat is focussed on being a world class vegan meat manufacturer and a leading provider of global food service brands in Australia, New Zealand, India, China, South East Asia and Singapore.
The Vmeat range includes burgers, meatballs, sausages, mince and strips with flavours and textures similar to those of pork, beef, chicken and seafood
JAT enters into US distribution for immune support products
The agreement with Koha Foods is the first step by JAT into the US market for its in-house products. The US distribution of its co-branded products CocoSoul Moroka through Saputo will commence shortly .
The distribution agreement with Koha Foods has been driven by the development of the JAT in-house immune support products to be sold under the Jinvigorate and Moroka brands. The Koha Foods distribution agreement provides for exclusive distribution rights for JAT’s Jinvigorate and Moroka products only. Koha Foods have advised JAT that their interest in the Jinvigorate and Moroka products is driven by the opportunity to bring to the Hawaii and Guam markets. The directors of JAT believe that the significant investment made by JAT in the development of its immune support products is resulting in strong market differentiation of JAT’s products from the many other dairy products in the market.
JAT to develop and sell immune support ice cream and yogurt
Jatcorp Limited is pleased to announce that it has entered into an agreement with with Sanmik Natural Foods Pty Limited (Sanmik) i.e. an Australian food manufacturer to develop ice cream and yogurt products using JAT’s immune support formulas.
This agreement represents a significant new extension of JAT’s business. The agreement to develop ice cream and yogurt products is one of a number of agreements expected to be entered into by JAT in the short term as it moves to capitalise on the unsolicited interest it is receiving from manufacturers and distributors of a variety of food products who wish to access the immune products developed by JAT.
Key Milestones
Milestones Achieved
