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Bank of Quantum Tech plans to acquire 60% of Jinfengyuan shares for 213 million yuan...

 Last Update: 2021-10-10
 Source: Internet
 Author: User

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The Beijing News reporter learned on September 28 that the seed company Quanyin Hi-Tech announced that it plans to acquire 60% of the shares of Xinjiang Jinfengyuan Seed Co.

It is reported that Jinfengyuan is an enterprise integrating crop seed breeding and promotion in the Xinjiang Uygur Autonomous Region

According to the announcement, the board of directors of Quanyin Hi-Tech deliberated and approved the "Proposal on Acquisition of Equity in Xinjiang Jinfengyuan Seed Industry Co.

According to Quan Yin Hi-Tech, after the completion of the transaction, on the one hand, the company can further expand its sales scale, especially the sales of cotton seeds, and increase new sources of profit

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