AG˹ٷ

STOCK TITAN

[6-K] Bon Natural Life Limited Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

On 4 July 2025, Bon Natural Life’s subsidiary Xi’an App-Chem Bio (Tech) Co., Ltd. signed a 36-month Sales Cooperation Agreement with Beijing Huahai Keyuan Technology Co., Ltd. granting the distributor a non-exclusive right to market the company’s natural weight-loss products in China and Southeast Asia.

  • Guaranteed sales: Huahai Keyuan commits to minimum aggregate purchases of US$22 million during the contract term; App-Chem must receive full payment before shipment.
  • Responsibilities: App-Chem handles R&D, manufacturing and quality control; it bears testing and return costs if product quality fails agreed standards.
  • Logistics: Products shipped to sites designated by Huahai Keyuan.
  • Termination & penalties: Agreement may be ended by mutual consent or after a 30-day cure period for breaches. Unjustified termination triggers liquidated damages of 15 % of total contract value; partial non-performance penalty equals 10 % of the unperformed portion.
  • Disputes will be adjudicated in courts where App-Chem is located.

No financial statements were included; the filing primarily discloses the contract and a related press release (Ex. 99.1).

Il 4 luglio 2025, la controllata di Bon Natural Life, Xi’an App-Chem Bio (Tech) Co., Ltd., ha firmato un Accordo di Cooperazione Commerciale della durata di 36 mesi con Beijing Huahai Keyuan Technology Co., Ltd., concedendo al distributore il diritto non esclusivo di commercializzare i prodotti naturali per la perdita di peso dell’azienda in Cina e nel Sud-est asiatico.

  • Vendite garantite: Huahai Keyuan si impegna ad acquisti minimi complessivi per 22 milioni di dollari USA durante la durata del contratto; App-Chem deve ricevere il pagamento completo prima della spedizione.
  • DzԲà: App-Chem si occupa di ricerca e sviluppo, produzione e controllo qualità; sostiene i costi di test e reso in caso di prodotti non conformi agli standard concordati.
  • Logistica: I prodotti vengono spediti ai siti designati da Huahai Keyuan.
  • Risoluzione e penali: L’accordo può essere terminato di comune accordo o dopo un periodo di 30 giorni per la risoluzione di eventuali inadempienze. La cessazione ingiustificata comporta penali pari al 15% del valore totale del contratto; la penale per inadempienze parziali è pari al 10% della parte non eseguita.
  • Le controversie saranno risolte presso i tribunali della sede di App-Chem.

Non sono stati inclusi bilanci finanziari; la comunicazione riguarda principalmente il contratto e un comunicato stampa correlato (Ex. 99.1).

El 4 de julio de 2025, la subsidiaria de Bon Natural Life, Xi’an App-Chem Bio (Tech) Co., Ltd., firmó un Acuerdo de Cooperación Comercial de 36 meses con Beijing Huahai Keyuan Technology Co., Ltd., otorgando al distribuidor un derecho no exclusivo para comercializar los productos naturales para la pérdida de peso de la empresa en China y el sudeste asiático.

  • Ventas garantizadas: Huahai Keyuan se compromete a compras mínimas agregadas de 22 millones de dólares estadounidenses durante el plazo del contrato; App-Chem debe recibir el pago completo antes del envío.
  • Responsabilidades: App-Chem se encarga de I+D, fabricación y control de calidad; asume los costos de pruebas y devoluciones si la calidad del producto no cumple con los estándares acordados.
  • Dzíپ: Los productos se envían a los sitios designados por Huahai Keyuan.
  • Terminación y penalizaciones: El acuerdo puede finalizarse por mutuo consentimiento o tras un período de 30 días para subsanar incumplimientos. La terminación injustificada genera daños liquidados del 15 % del valor total del contrato; la penalización por incumplimiento parcial es del 10 % de la parte no ejecutada.
  • Las disputas se resolverán en los tribunales donde se ubica App-Chem.

No se incluyeron estados financieros; la presentación revela principalmente el contrato y un comunicado de prensa relacionado (Ex. 99.1).

2025� 7� 4�, � 내추� 라이프의 자회사인 시안 앱켐 바이�(테크) 유한책임회사� 베이� 화해� 커위� 테크놀로지 유한회사와 36개월 판매 협력 계약� 체결하여 유통업체� 중국 � 동남아시아에� 회사� 천연 체중 감량 제품� 판매� � 있는 비독점적 권리� 부여했습니�.

  • 보장� 판매�: 화해� 커위안은 계약 기간 동안 � 2,200� 달러� 최소 구매� 약속하며, 앱켐은 선적 전에 전액 결제� 받아� 합니�.
  • 책임: 앱켐은 연구개발, 제조 � 품질 관리를 담당하며, 제품 품질� 합의� 기준� 미달� 경우 테스� � 반품 비용� 부담합니다.
  • 물류: 제품은 화해� 커위인이 지정한 장소� 배송됩니�.
  • 계약 해지 � 벌칙: 계약은 상호 동의 또는 위반 사항 � 30일간 시정 기간 � 종료� � 있습니다. 부� 해지� 계약 총액� 15%� 해당하는 위약금을 발생시키�, 부� 불이� � 미이� 부분의 10%� 해당하는 벌금� 부과됩니다.
  • 분쟁은 앱켐 소재지 법원에서 해결됩니�.

재무제표� 포함되지 않았으며, 제출 서류� 주로 계약서와 관� 보도자료(Ex. 99.1)� 공개합니�.

Le 4 juillet 2025, la filiale de Bon Natural Life, Xi’an App-Chem Bio (Tech) Co., Ltd., a signé un contrat de coopération commerciale de 36 mois avec Beijing Huahai Keyuan Technology Co., Ltd., accordant au distributeur un droit non exclusif de commercialiser les produits naturels de perte de poids de la société en Chine et en Asie du Sud-Est.

  • Ventes garanties : Huahai Keyuan s’engage à des achats minimums cumulés de 22 millions de dollars US pendant la durée du contrat ; App-Chem doit recevoir le paiement intégral avant expédition.
  • Responsabilités : App-Chem gère la R&D, la fabrication et le contrôle qualité ; il supporte les coûts de tests et de retours si la qualité des produits ne respecte pas les normes convenues.
  • Logistique : Les produits sont expédiés aux sites désignés par Huahai Keyuan.
  • Résiliation et pénalités : L’accord peut être résilié d’un commun accord ou après un délai de 30 jours pour remédier aux manquements. Une résiliation injustifiée entraîne des dommages-intérêts forfaitaires de 15 % de la valeur totale du contrat ; une pénalité de 10 % est appliquée sur la partie non exécutée en cas de non-respect partiel.
  • Les litiges seront jugés devant les tribunaux du siège d’App-Chem.

Aucun état financier n’a été inclus ; le dépôt révèle principalement le contrat et un communiqué de presse associé (Ex. 99.1).

Am 4. Juli 2025 unterzeichnete die Tochtergesellschaft von Bon Natural Life, Xi’an App-Chem Bio (Tech) Co., Ltd., eine 36-monatige Vertriebskooperationsvereinbarung mit Beijing Huahai Keyuan Technology Co., Ltd., die dem Vertriebspartner ein nicht-exklusives Recht einräumt, die natürlichen Gewichtsreduktionsprodukte des Unternehmens in China und Südostasien zu vermarkten.

  • Garantierte Verkäufe: Huahai Keyuan verpflichtet sich zu Mindestgesamteinkäufen von 22 Millionen US-Dollar während der Vertragslaufzeit; App-Chem muss die vollständige Zahlung vor dem Versand erhalten.
  • Verantwortlichkeiten: App-Chem übernimmt Forschung & Entwicklung, Herstellung und Qualitätskontrolle; trägt die Kosten für Tests und Rücksendungen, falls die Produktqualität nicht den vereinbarten Standards entspricht.
  • Logistik: Produkte werden an von Huahai Keyuan benannte Standorte geliefert.
  • Kündigung & Strafen: Der Vertrag kann einvernehmlich oder nach einer 30-tägigen Nachfrist bei Vertragsverletzungen beendet werden. Ungerechtfertigte Kündigung führt zu Vertragsstrafen in Höhe von 15 % des Gesamtvertragswerts; Teilweise Nichterfüllung wird mit 10 % des nicht erfüllten Teils geahndet.
  • Streitigkeiten werden vor den Gerichten am Sitz von App-Chem verhandelt.

Es wurden keine Finanzberichte beigefügt; die Meldung legt hauptsächlich den Vertrag und eine zugehörige Pressemitteilung (Ex. 99.1) offen.

Positive
  • Minimum US$22 million sales commitment provides clearer revenue pipeline over 36 months.
  • Pre-payment requirement lowers receivables and credit exposure.
  • Access to China and Southeast Asia markets expands geographic reach without exclusive constraints on BON’s own direct sales.
Negative
  • Agreement is non-exclusive, so distributor may market competitors� products.
  • Termination possible with 30-day cure; sales guarantee enforcement could be challenging if disputes arise.
  • App-Chem bears quality-related costs, potentially hitting margins if issues occur.

Insights

TL;DR: US$22 M guaranteed sales over three years improves revenue visibility and regional footprint, modestly positive for BON shareholders.

The guaranteed purchase volume averages roughly US$7.3 M annually, material relative to BON’s recent scale. Pre-payment terms reduce credit risk, while liquidated-damage clauses further protect cash flows. Although non-exclusive, the contract opens the fast-growing Southeast Asian weight-management market without added marketing cost to BON. Execution risk remains—sales guarantees are only as good as enforcement—but overall the agreement should enhance top-line stability and support margin leverage from higher plant utilization.

TL;DR: Contract structure shifts quality-control and logistics burdens to BON, creating moderate operational and enforcement risks.

App-Chem retains responsibility for R&D, production and remedial costs for any quality failures, potentially pressuring gross margin if defects arise. Non-exclusive status allows Huahai Keyuan to carry competing products, diluting sales momentum. The 15 % and 10 % penalty clauses incentivize compliance but cross-border dispute resolution could complicate recovery. Overall risk profile is manageable yet warrants monitoring; I view the impact as neutral to slightly positive.

Il 4 luglio 2025, la controllata di Bon Natural Life, Xi’an App-Chem Bio (Tech) Co., Ltd., ha firmato un Accordo di Cooperazione Commerciale della durata di 36 mesi con Beijing Huahai Keyuan Technology Co., Ltd., concedendo al distributore il diritto non esclusivo di commercializzare i prodotti naturali per la perdita di peso dell’azienda in Cina e nel Sud-est asiatico.

  • Vendite garantite: Huahai Keyuan si impegna ad acquisti minimi complessivi per 22 milioni di dollari USA durante la durata del contratto; App-Chem deve ricevere il pagamento completo prima della spedizione.
  • DzԲà: App-Chem si occupa di ricerca e sviluppo, produzione e controllo qualità; sostiene i costi di test e reso in caso di prodotti non conformi agli standard concordati.
  • Logistica: I prodotti vengono spediti ai siti designati da Huahai Keyuan.
  • Risoluzione e penali: L’accordo può essere terminato di comune accordo o dopo un periodo di 30 giorni per la risoluzione di eventuali inadempienze. La cessazione ingiustificata comporta penali pari al 15% del valore totale del contratto; la penale per inadempienze parziali è pari al 10% della parte non eseguita.
  • Le controversie saranno risolte presso i tribunali della sede di App-Chem.

Non sono stati inclusi bilanci finanziari; la comunicazione riguarda principalmente il contratto e un comunicato stampa correlato (Ex. 99.1).

El 4 de julio de 2025, la subsidiaria de Bon Natural Life, Xi’an App-Chem Bio (Tech) Co., Ltd., firmó un Acuerdo de Cooperación Comercial de 36 meses con Beijing Huahai Keyuan Technology Co., Ltd., otorgando al distribuidor un derecho no exclusivo para comercializar los productos naturales para la pérdida de peso de la empresa en China y el sudeste asiático.

  • Ventas garantizadas: Huahai Keyuan se compromete a compras mínimas agregadas de 22 millones de dólares estadounidenses durante el plazo del contrato; App-Chem debe recibir el pago completo antes del envío.
  • Responsabilidades: App-Chem se encarga de I+D, fabricación y control de calidad; asume los costos de pruebas y devoluciones si la calidad del producto no cumple con los estándares acordados.
  • Dzíپ: Los productos se envían a los sitios designados por Huahai Keyuan.
  • Terminación y penalizaciones: El acuerdo puede finalizarse por mutuo consentimiento o tras un período de 30 días para subsanar incumplimientos. La terminación injustificada genera daños liquidados del 15 % del valor total del contrato; la penalización por incumplimiento parcial es del 10 % de la parte no ejecutada.
  • Las disputas se resolverán en los tribunales donde se ubica App-Chem.

No se incluyeron estados financieros; la presentación revela principalmente el contrato y un comunicado de prensa relacionado (Ex. 99.1).

2025� 7� 4�, � 내추� 라이프의 자회사인 시안 앱켐 바이�(테크) 유한책임회사� 베이� 화해� 커위� 테크놀로지 유한회사와 36개월 판매 협력 계약� 체결하여 유통업체� 중국 � 동남아시아에� 회사� 천연 체중 감량 제품� 판매� � 있는 비독점적 권리� 부여했습니�.

  • 보장� 판매�: 화해� 커위안은 계약 기간 동안 � 2,200� 달러� 최소 구매� 약속하며, 앱켐은 선적 전에 전액 결제� 받아� 합니�.
  • 책임: 앱켐은 연구개발, 제조 � 품질 관리를 담당하며, 제품 품질� 합의� 기준� 미달� 경우 테스� � 반품 비용� 부담합니다.
  • 물류: 제품은 화해� 커위인이 지정한 장소� 배송됩니�.
  • 계약 해지 � 벌칙: 계약은 상호 동의 또는 위반 사항 � 30일간 시정 기간 � 종료� � 있습니다. 부� 해지� 계약 총액� 15%� 해당하는 위약금을 발생시키�, 부� 불이� � 미이� 부분의 10%� 해당하는 벌금� 부과됩니다.
  • 분쟁은 앱켐 소재지 법원에서 해결됩니�.

재무제표� 포함되지 않았으며, 제출 서류� 주로 계약서와 관� 보도자료(Ex. 99.1)� 공개합니�.

Le 4 juillet 2025, la filiale de Bon Natural Life, Xi’an App-Chem Bio (Tech) Co., Ltd., a signé un contrat de coopération commerciale de 36 mois avec Beijing Huahai Keyuan Technology Co., Ltd., accordant au distributeur un droit non exclusif de commercialiser les produits naturels de perte de poids de la société en Chine et en Asie du Sud-Est.

  • Ventes garanties : Huahai Keyuan s’engage à des achats minimums cumulés de 22 millions de dollars US pendant la durée du contrat ; App-Chem doit recevoir le paiement intégral avant expédition.
  • Responsabilités : App-Chem gère la R&D, la fabrication et le contrôle qualité ; il supporte les coûts de tests et de retours si la qualité des produits ne respecte pas les normes convenues.
  • Logistique : Les produits sont expédiés aux sites désignés par Huahai Keyuan.
  • Résiliation et pénalités : L’accord peut être résilié d’un commun accord ou après un délai de 30 jours pour remédier aux manquements. Une résiliation injustifiée entraîne des dommages-intérêts forfaitaires de 15 % de la valeur totale du contrat ; une pénalité de 10 % est appliquée sur la partie non exécutée en cas de non-respect partiel.
  • Les litiges seront jugés devant les tribunaux du siège d’App-Chem.

Aucun état financier n’a été inclus ; le dépôt révèle principalement le contrat et un communiqué de presse associé (Ex. 99.1).

Am 4. Juli 2025 unterzeichnete die Tochtergesellschaft von Bon Natural Life, Xi’an App-Chem Bio (Tech) Co., Ltd., eine 36-monatige Vertriebskooperationsvereinbarung mit Beijing Huahai Keyuan Technology Co., Ltd., die dem Vertriebspartner ein nicht-exklusives Recht einräumt, die natürlichen Gewichtsreduktionsprodukte des Unternehmens in China und Südostasien zu vermarkten.

  • Garantierte Verkäufe: Huahai Keyuan verpflichtet sich zu Mindestgesamteinkäufen von 22 Millionen US-Dollar während der Vertragslaufzeit; App-Chem muss die vollständige Zahlung vor dem Versand erhalten.
  • Verantwortlichkeiten: App-Chem übernimmt Forschung & Entwicklung, Herstellung und Qualitätskontrolle; trägt die Kosten für Tests und Rücksendungen, falls die Produktqualität nicht den vereinbarten Standards entspricht.
  • Logistik: Produkte werden an von Huahai Keyuan benannte Standorte geliefert.
  • Kündigung & Strafen: Der Vertrag kann einvernehmlich oder nach einer 30-tägigen Nachfrist bei Vertragsverletzungen beendet werden. Ungerechtfertigte Kündigung führt zu Vertragsstrafen in Höhe von 15 % des Gesamtvertragswerts; Teilweise Nichterfüllung wird mit 10 % des nicht erfüllten Teils geahndet.
  • Streitigkeiten werden vor den Gerichten am Sitz von App-Chem verhandelt.

Es wurden keine Finanzberichte beigefügt; die Meldung legt hauptsächlich den Vertrag und eine zugehörige Pressemitteilung (Ex. 99.1) offen.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2025

 

Commission File Number 001-40517

 

BON NATURAL LIFE LIMITED

(Translation of registrant’s name into English)

 

Room 601, Block C, Gazelle Valley, No.69, Jinye Road

High-Tech Zone, Xi’an, Shaanxi, China

People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 

 

 

 

Supply Agreement

 

On July 4, 2025, our subsidiary Xi’an App-Chem Bio (Tech) Co., Ltd (“App-Chem”) entered into a Sales Cooperation Agreement (the “Agreement”) with Beijing Huahai Keyuan Technology Co., Ltd. (“ Huahai Keyuan”). Under the Agreement, App-Chem grants Huahai Keyuan the non-exclusive right to distribute and sell App-Chem’s natural weight loss products (collectively, the “Products”) throughout China and the Southeast Asia market. The term of the Agreement is thirty-six (36) months.

 

App-Chem will be responsible for all research and development, manufacturing and quality control such that the Products are compliant with applicable national standards.

 

Pursuant to the Agreement Huahai Keyuan has guaranteed aggregate sales of no less than US$22,000,000 over the term. All such sales shall be conducted in full compliance with applicable laws and regulations.

 

Products will be transported to such sites as designated by Huahai Keyuan. In the event that the quality of the Product fails to conform to the agreed standards, App-Chem shall bear all costs associated with testing, as well as any expenses related to the return or exchange of the Products.

 

App-Chem must receive full payment from Huahai Keyuan for any Products before they are dispatched.

 

The Agreement may be terminated at any time by the mutual consent of both parties. If either party breaches the Agreement and fails to remedy such breach within thirty (30) working days after receiving written notice from the non-breaching party, the non-breaching party shall have the right to terminate the Agreement.

 

Either party that terminates the Agreement without justifiable reasons (as defined in the Agreement) or fails to fulfill its obligations under the Agreement shall compensate the other party with a liquidated damages equivalent to 15% of the total Agreement amount. Should partial non-performance of this Agreement occur due to a Party’s attributable default, the defaulting party shall pay the other party a penalty of 10% of the total price of the unperformed portion of the Agreement. Any lawsuits must be filed in a court where App-Chem is located.

 

The foregoing is a summary of the material terms of the Agreement. The Agreement contains additional terms, covenants and conditions and should be reviewed in its entirety for additional information.

 

Exhibits

 

The following exhibits are included in this Form 6-K:

 

Exhibit No.   Description of Exhibit

10.1

 

Translation of Sales Cooperation Agreement with Huahai Keyuan Keyuan Technology Co., Ltd.

     
99.1   Press Release dated July 21, 2025

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: July 21, 2025 Bon Natural Life Limited
     
  By: /s/ Yongwei Hu
    Yongwei Hu
    Chairman and Chief Executive Officer

 

 

 

FAQ

What is the value of Bon Natural Life's new contract?

Huahai Keyuan must purchase at least US$22 million of natural weight-loss products over 36 months.

How long does the Sales Cooperation Agreement last?

The agreement runs for three years from 4 July 2025.

Which markets are covered under the deal for BON?

The distributor may sell BON’s products across China and Southeast Asia.

Does Bon Natural Life receive payment upfront?

Yes. App-Chem must receive full payment before dispatch of any products.

What penalties apply if the agreement is breached?

Unjustified termination incurs 15 % of total contract; partial non-performance triggers a 10 % penalty on the unperformed portion.
Bon Natural Life Ltd

NASDAQ:BON

BON Rankings

BON Latest News

BON Latest SEC Filings

BON Stock Data

4.88M
4.05M
2%
0.04%
2.79%
Specialty Chemicals
Basic Materials
China
Xi'an