HONG KONG SAR – Media OutReach – 28 August 2023 – ZENCE OBJECT achieved an important milestone by obtaining a total of
$2.5 million in start-up financing
AEF Fund for the Greater Bay Area (AEF RECEIVED) managed by Gobi Partners GBA (Gobi GBA). This strategic investment aims to advance the field of sustainable living. This is notably the AEF GBA’s first investment in a Macau-based company, highlighting the potential of this collaboration to catalyze the growth of new environmentally conscious businesses in the region. The injection of funds not only allows
ZENCE OBJECT but also sparks renewed optimism about Macau’s development trajectory.
Pioneering sustainable development: The newly acquired capital will be primarily devoted to the creation of a state-of-the-art research and development (R&D) center and an immersive exhibition center in
hengqin. These efforts are poised to accelerate the pace of research and innovation. In addition, investments will be directed towards setting up a state-of-the-art system
1.0 material manufacturing line and processing center in the Greater Bay Area, thus strengthening production capacities. Simultaneously, the funding will facilitate the expansion of the team, optimize operational workflows and improve overall management efficiency.
This round of funding not only infuses
ZENCE OBJECT with additional resources, but also leverages the practical strategic insights of
Gobi GBA and its AEF GBA Fund, promoting the sustainable evolution of green innovations. Beyond strengthening the progress of the Greater Bay Area, this collaboration paves the way for advances in the fields of high technology,
ESG (Environmental, Social and Governance), environmentally friendly materials, health industry and green finance. It heralds a transformation within markets and industries, guiding them towards a sustainable and environmentally friendly future.
Debut under the brand
“CHAZENCY”.
ZENCE OBJECTS This flagship company uses groundbreaking technological innovation to manufacture biodegradable and eco-friendly materials, integrating them seamlessly into people’s daily lives. The product line is made from biodegradable components such as waste tea, bamboo, bellflowers and discarded Chinese herbs. Transformed into various forms, these materials offer alternatives to conventional plastics, papers and woods and find use in a wide range of products, fitting perfectly into modern society’s quest for sustainability.
The components inside
“CHAZENCE” have undergone meticulous review and validation by an expert team of scientists, engineers and cultural specialists. This collaborative effort has resulted in bespoke materials suitable for various commercial applications. Tea paper, which is fully biodegradable and sourced from deforestation-free sources, formaldehyde-free tea board with triple hardness of cement, and tea plastic, both with waterproof, washable, and high temperature resistant attributes, ensure an un combination of quality, safety and reliability. Additionally, the trio of breakthrough technologies –
“ tea paper,” “ tea board,” And
“ plastic tea “ – are in the process of filing patent applications in Hong Kong, China, Japan and the United States.
In just over a year, the project has successfully cultivated collaborations with a host of leading companies and brands, encompassing
HEYTEA, AEON MALL, China Tea Museum, Michelin star restaurants in Hong Kong, Macau-based resorts, hospitality and gaming companies, international automotive brands, traditional and modern tea companies and various hospitality establishments. The diverse range of products offered by
CHAZENCE resonated in many markets, sparking interest from brands and consumers alike, sowing the seeds for a sustainable lifestyle.
Hashtag: #ZENCEOBJECT #CHAZENCE #茶甡#甡物控股
The issuer is solely responsible for the content of this announcement.
