Yihai Kerry Arawana Holdings Co., Ltd acquired 30% stake in Yihai Kerry Technology Co., Ltd from Leping Zhongrun Technology Co., Ltd for CNY 37.8 million.
February 20, 2024
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Yihai Kerry Arawana Holdings Co., Ltd (SZSE:300999) acquired 30% stake in Yihai Kerry (Jiangxi) Technology Co., Ltd from Leping Zhongrun Technology Co., Ltd for CNY 37.8 million on July 24, 2023. Jiangxi YZ Bleaching Clay Technology Co., Ltd was a direct 70%-owned subsidiary of Wilmar Trading (China) Pte. Ltd, which is in turn, a direct wholly-owned subsidiary of Yihai Kerry Arawana Holdings Co., Ltd. Following the completion of the abovesaid acquisition, Jiangxi YZ Bleaching Clay Technology Co., Ltd has become a wholly owned subsidiary of Yihai Kerry Arawana Holdings Co., Ltd.
Yihai Kerry Arawana Holdings Co., Ltd (SZSE:300999) Completed the acquisition of 30% stake in Yihai Kerry (Jiangxi) Technology Co., Ltd from Leping Zhongrun Technology Co., Ltd on July 24, 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.