Dec 5 (Reuters) - Jatenergy Ltd JAT.AX :
* JAT SIGNS FIRST DISTRIBUTOR FOR ITS PLANT-BASED MEAT PRODUCTS
* DISTRIBUTION AGREEMENT HAS BEEN SIGNED WITH SHANGHAI GURUN WANFENG CATERING CO. LTD
* EXPECT TO SHIP OUR FIRST PRODUCTS TO SHANGHAI GURUN IN JANUARY 2020
* DISTRIBUTION AGREEMENT REQUIRES SHANGHAI GURUN TO PURCHASE A MINIMUM OF A$2 MILLION OF PRODUCTS IN FIRST YEAR OF TWO-YEAR AGREEMENT
* UNDER AGREEMENT, SHANGHAI GURUN HAS NON-EXCLUSIVE RIGHT TO DISTRIBUTE IN CHINA ALL OF JAT'S PLANT-BASED MEAT PRODUCTS UNDER VMEAT LABEL
* SHANGHAI GURUN WILL USE PLANT-BASED MEAT PRODUCTS IN THEIR OWN FACILITIES AS WELL AS DISTRIBUTING PRODUCTS TO OTHER RESTAURANTS IN CHINA