Xinjiang Production and Construction Corps Livestock Engineering Technology Research Center (Co., Ltd.) agreed to acquire 65% stake in Shihezi Hongguang Animal Husbandry Co., Ltd. from Xinjiang Western Animal Husbandry Co., Ltd for CNY 6.1 million.
April 25, 2018
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Xinjiang Production and Construction Corps Livestock Engineering Technology Research Center (Co., Ltd.) agreed to acquire 65% stake in Shihezi Hongguang Animal Husbandry Co., Ltd. from Xinjiang Western Animal Husbandry Co., Ltd (SZSE:300106) for CNY 6.1 million on April 25, 2018. In a related transaction, Xinjiang Production and Construction Corps Livestock Engineering Technology Research Center (Co., Ltd.) will acquire Manas Western Animal Husbandry Co., Ltd. for CNY 1, Hutubi Western Animal Husbandry Co., Ltd. for CNY 1, 60% stake in Xinjiang Western Boerduo Animal Husbandry Co., Ltd. for CNY 2.6 million and 60% stake in Shihezi Development Zone Oasis Livestock Dairy Cow Breeding Co., Ltd. for CNY 1 from Xinjiang Western Animal Husbandry Co., Ltd. As of December 31, 2017, Shihezi Hongguang Animal Husbandry Co., Ltd. had total assets of CNY 142.6 million and net assets of CNY 9.4 million. The transaction has been approved by the Board of Xinjiang Western Animal Husbandry Co., Ltd.
Xinjiang Western Animal Husbandry Co., Ltd is a China-based company principally engaged in the production, acquisition and sales of fresh milk. The Companyâs main businesses include production, acquisition and sales of fresh milk, processing and sales of dairy products, breeding and sales of breeding stocks, production and sales of livestock products, processing and sales of feed, processing and sales of meat food, distribution and warehousing of beef and mutton, manufacture of husbandry machine, consultation of husbandry technologies, as well as, sales of grass.
Xinjiang Production and Construction Corps Livestock Engineering Technology Research Center (Co., Ltd.) agreed to acquire 65% stake in Shihezi Hongguang Animal Husbandry Co., Ltd. from Xinjiang Western Animal Husbandry Co., Ltd for CNY 6.1 million.
XINJIANG WESTERN ANIMAL HUSBANDRY CO., LTD 
