SOKO Fitness & Spa Group (SOKF.OB) Signs Agreement with Bin Xian Vocational Center for 2-year Education Program
SOKO Fitness & Spa Group Inc. operates fitness centers, beauty salons and spas in Northeastern China and suburban Beijing. The company today announced it has inked a five-year cooperation and revenue-sharing agreement with Bin Xian Vocational Technology and Education Center in suburban Harbin, China. Per the agreement, SOKO will provide products and personnel to Bin Xian to support its two-year training and education programs for skincare, hair styling, cosmetology and facial treatments. Revenues from tuitions will be shared 60 percent by Bin Xian and 40 percent by SOKO, correlating with responsibilities of operating expenses. Revenues from sales of products to…