Chengdu Zhican Group Co., Ltd. acquired 55% stake in ZhiCan Yihai Kitchen Food Co., Ltd from Yihai Kerry Arawana Holdings Co., Ltd for CNY 7.7 million.
February 20, 2024
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Chengdu Zhican Group Co., Ltd. agreed to acquire 55% stake in ZhiCan Yihai Kitchen (Chongqing) Food Co., Ltd from Yihai Kerry Arawana Holdings Co., Ltd (SZSE:300999) for CNY 7.7 million on December 6, 2023. In related transaction Yihai Kerry Arawana Holdings Co., Ltd disposed 15% of its interest in Yihai Kitchen (Chongqing) Food Co., Ltd to Chengdu Shengen Biotechnology Co., Ltd. Following the completion of the above said disposal, Yihai Kitchen (Chongqing) Food Co., Ltd which has changed its name to ZhiCan Yihai Kitchen (Chongqing) Food Co., Ltd has become a direct 30% owned associated company of Yihai Kerry Arawana Holdings Co., Ltd.
Chengdu Zhican Group Co., Ltd. completed the acquisition of 55% stake in ZhiCan Yihai Kitchen (Chongqing) Food Co., Ltd from Yihai Kerry Arawana Holdings Co., Ltd (SZSE:300999) on December 6, 2023.
Yihai Kerry Arawana Holdings Co., Ltd. specializes in the manufacture and marketing of food products, oils and food ingredients. The group offers edible and industrial animal and vegetable oils, edible fats, cereal products (rice, wheat, corn, soybeans, etc.), flour, noodles, animal feed, food additives, canned foods, etc.
YIHAI KERRY ARAWANA HOLDINGS CO., LTD 
