ProMEX Launches Chenpi, China’s Popular Healthcare Commodity On Its Real- Time Digital Trading Platform Today - This Launch Follows Its Market Debut In October 2021 With Moutai As Its First Product, The Hong Kong-Based Marketplace Is Listing Chenpi, A Dried Tangerine Peel Produced In Prime Grower Areas In China

ProMEX, the Hong Kong-based marketplace for physical commodities, launches Chenpi today on its electronic trading platform. This marks also the first and only online platform globally to standardize this commodity to discover prices and trade Chenpi in a transparent and efficient manner. Chenpi is an aged dried tangerine peel used traditionally for healthcare, seasoning and cooking. The product appreciates in value as it ages with improvement in quality, intensity and flavour and is increasingly popular among the global foodie community. Chenpi’s annual production is about 3,500 tons with an estimated turnover size of USD 1B.

“We are very excited about bringing this very traditional and unique commodity to our platform. High quality Chenpi is only produced in certain prime areas in China. Following today, users may buy, sell and manage this commodity simply on our app, thereby discovering market prices of Chenpi in a transparent and efficient manner,” said Mark Ho, Co-Founder & CEO of ProMEX.

The platform, regulated by Hong Kong’s Customs and Excise Department, has listed Moutai, China’s national liquor and will continue to develop other physical commodities including precious metals and “green” commodities to deliver transparency and efficiency. It is built for growth with new product listings and geographical expansion as well as scalability into demographics not yet involved in the commodity trade.