KBS Fashion Group Limited announced that it has renewed a framework sales contract with each of two major current customers: HangzhouZi Yin Apparel Clothes Co. Ltd. ("Hangzhou Ziyin") and Hangzhou Yiyuan Apparel Co. Ltd. ("Hangzhou Yiyuan"). The term of each contract was extended for another months until December 31 2019. The company expects that these two sales contracts to generate approximately RMB 28 million in total, of which RMB 20 million relates to Hangzhou Ziyin's new orders of 450,000 Kids' down jackets and other types of clothing and RMB 8 million from Hangzhou Yiyuan's new orders of 160,000 Men's down jackets and other types of clothing for this year.