China export specialist Jatenergy has had its first batch of Australian plant-based meat products delivered to restaurants and food outlets in Shanghai.
The products were developed and tested by Jat’s joint venture with Oppenheimer Pty Ltd, which has secured all regulatory requirements including licenses and permits to import.
The products include 600 kgs of Jat Oppenheimer plant-based Wagyu beef, hot pot, pork and beef balls, pork and beef minces, beef burger and chicken strips.
Customers include catering and food chains Shanghai Xinghualou, Tianjin Guifaxiang Food Group and large hotel groups.
The products were provided free to allow testing and assessment.
Jat said in a statement: “The hot pot beef meatball is the world’s first plant-based meatball which can be used by traditional Chinese hot pot restaurants.
“The product can be used in the distinctive hot pot cooking method and can be cooked over a long period.”
Oppenheimer has paid for most of the development costs, with Jat contributing $12,000 and market access services.
At the same time Jatenergy announced a capital raising with the issue of four million ordinary shares and a similar number of options, priced at ten cents.
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