Zhongju hi tech: it plans to raise 7.791 billion yuan from the controlling shareholder to expand the production of condiments
Zhongju high tech announced that it plans to repurchase shares of 300 million yuan to 600 million yuan, and the shares obtained from the repurchase will be used for cancellation. On the same day, Zhongju hi tech announced the termination of the non-public offering of a shares in 2015. It also proposes a plan for non-public offering of a shares in 2021. The company plans to raise no more than RMB 7.791 billion to invest in the 3 million ton seasoning expansion project of Yangxi delicious food Co., Ltd. and supplement working capital. The issuing object is Zhongshan Runtian, the controlling shareholder of the company.
This text is a result of machine translation.
Related companies：
In-depth
Consumer Staples
The Billion-Dollar European Caviar Business, Now Disrupted by China
In the kitchen of a Michelin three-star restaurant in Beijing, the chef carefully opens a tin of black "treasures." Each translucent caviar pearl inside is immensely valuable, with prices reaching as high as 10,000 RMB per kilogram. Yet this "black gold" caviar does not come from the Caspian Sea or the Volga River. Instead, it originates from Quzhou, Zhejiang, China. This seemingly impossible fact marks a silent revolution in the Chinese caviar industry.
Nov 08, 2024 01:52 PM
Dec 11, 2023 08:49 PM
Apr 25, 2022 01:02 PM
Research
Consumer StaplesChina’s Food and Beverage Industry in Search of Methods to Shrink its Carbon Footprints
Apr 19, 2022 11:38 PM
Jun 29, 2021 11:48 PM
Briefing Nov 10, 2021 10:48 AM
· Consumer Staples
The food and beverage sector continued to decline, with Qianwei central kitchen down more than 7%
Consumer Staples
Lack of Trust in AI Tech Leads Singaporean Companies to Cut Investments
Dec 19, 2024 04:50 PM
Consumer Staples
Zhongyuan Home revises overseas strategy, focuses on new retail business.
Dec 09, 2024 02:35 PM
Briefing Nov 02, 2021 10:19 AM
· Consumer Staples
N Zhengguang rose 15% to trigger temporary stop
Briefing Nov 01, 2021 09:43 AM
· Consumer Staples
The food and beverage sector opened weaker, and Anji food fell by the limit
Briefing Oct 20, 2021 07:57 AM
· Financials
Baoneng has interest bearing liabilities of nearly 200 billion and wants to sell 100 billion of assets to relieve capital pressure
Consumer Staples · Analysis
Din Tai Fung and the Globalization of Chinese Cuisine
Recently, the announcement that Din Tai Fung would be closing all its locations in the Beijing area has sparked widespread discussion within the industry. However, in stark contrast to adjustments in the domestic market, this Taiwanese xiaolongbao (soup dumpling) brand, founded in 1958, continues to enjoy overwhelming demand in overseas markets.
Dec 03, 2024 08:26 PM
Briefing Oct 20, 2021 05:05 AM
· Consumer Staples
The rise in the price of raw materials pushed up the cost of condiments, and institutions paid high attention to 9 concept stocks
Briefing Aug 10, 2021 10:29 PM
· Automotive
Zhongju hi tech: Ping An Securities disposed of 1.7 million Pledged Shares of the controlling shareholder
See more
Read next
Insight
In-depth
Insight
In-depth
Consumer Discretionary
Amazon Global Selling: A Decade of Growth in a Vast Market
Dec 17, 2024 05:43 PM
Insight
In-depth
Consumer Staples · Analysis
Din Tai Fung and the Globalization of Chinese Cuisine
Dec 03, 2024 08:26 PM
Insight
In-depth
Communication · Analysis
Podcast Marketing, A Useful Tool for Companies Going Overseas
Dec 02, 2024 02:15 PM