Editor’s Note
**Editor’s Note:** Namwon Covix has taken a significant step into the global market, securing an 800 million KRW cosmetics supply contract with China’s Tians Group. This deal marks a promising milestone for the bio-company’s export expansion.
▲ New Growth Industries – Namwon Covix Enterprise signs export contract with Tians… A signal for global export expansion (Photo provided by Namwon City)
[Citizen United News] Covix, a bio-company based in Namwon City, has officially entered the global market by signing a supply contract worth 800 million KRW for initial cosmetic quantities with China’s Tians Group, a global distribution giant.
This agreement was finalized after officials from China’s Tians Group headquarters visited Covix’s headquarters and production plant in Namwon City in June to discuss cooperation plans for supplying cosmetics and household goods.
Covix plans to start with the supply of key cosmetics such as serums, toners, ampoules, and eye creams, and later expand to household goods including shampoo, conditioner, and body wash.
Tians Group, headquartered in Tianjin, China, is a global network sales company with an annual revenue of 10 trillion KRW, operating in 224 countries and regions worldwide, focusing on biotechnology healthcare and e-commerce.
Covix expects sales through Tians’ distribution network to exceed 20 billion KRW next year as a result of this cooperation.
As an R&D-based cosmetics OEM/ODM specialist, Covix has established stable partnerships with numerous excellent domestic and international brands.
In addition to Tians, Covix is expected to drive significant performance growth through ongoing partnerships with global giants like Miorio and LPC.
This achievement is significant as it demonstrates that Namwon City’s continuous corporate support policies to strengthen the competitiveness of the local bio-industry have led to tangible export results.
Namwon City has established and operated a ‘Bio-Industry Full Cycle Support System’ centered around the Namwon Bio-Industry Research Institute, covering △ natural bio-material R&D △ cosmetics testing and certification △ product development △ customized technical support for companies △ support for overseas market entry.
Based on Namwon’s bio-infrastructure, Covix has further enhanced its competitiveness, proving that the technological capabilities of Namwon bio-companies are recognized in the global market.
Covix is a specialized OEM/ODM company in cosmetics and household goods, providing total solutions covering the entire process from planning and development to production and quality control.
In various categories including skincare, hair & body care, and personal care, Covix has secured stable mass production systems and differentiated product competitiveness based on partnerships with leading domestic and international brands. The company aims to establish itself as a trusted manufacturing partner in the global beauty and lifestyle market.