US$1.8 billion Tonaneng subsidiary

On March 31,, the reporter learned from the food, condiments and amino acid production giant, Miusco Co., Ltd., that the rice product has been bought by Danone Asia's Taobao Food Group for about HK$1.845 billionThe deal also buys a 60 per cent stake in The Company's Shanghai-owned joint ventureit is understood that the acquisition of Taobao includes shares issued by Taobao Foods Group, shareholder loans to Danone Asia and intellectual property rights in the business areas of Taobao Foods GroupAfter the acquisition, it acquired Taobao Foods' Chinese soy sauce and frozen food business in Hong Kong, North America and EuropeWith the completion of this acquisition, the traditional liquid condiments and frozen fast food snack market will appear a taste of the super-strong patternMaeda said that Taobao and the sale network of miso, goods and so on have common alt-anything, can strengthen each other's sales capacity, enhance the group's competitiveness and profitabilityIn addition, if taobao brand added to the products of the Miso Group, can strengthen the company's product structureOn March 31,, the reporter learned from the food, condiments and amino acid production giant, MisoCo Co., Ltd., that the rice product has been purchased by Danone Asia's Taobao Food Group for about HK$1.845 billionThe deal also buys a 60 per cent stake in The Company's Shanghai-owned joint ventureit is understood that the acquisition of Taobao includes shares issued by Taobao Foods Group, shareholder loans to Danone Asia and intellectual property rights in the business areas of Taobao Foods GroupAfter the acquisition, it acquired Taobao Foods' Chinese soy sauce and frozen food business in Hong Kong, North America and EuropeWith the completion of this acquisition, the traditional liquid condiments and frozen fast food snack market will appear a taste of the super-strong patternMaeda said that Taobao and the sale network of miso, goods and so on have common alt-anything, can strengthen each other's sales capacity, enhance the group's competitiveness and profitabilityIn addition, if taobao brand added to the products of the Miso Group, can strengthen the company's product structure(name)