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Sep 14, 2021 10:09 PM (GMT+8) · EqualOcean
Financial Associated Press, September 14 - Pengdu agriculture and animal husbandry announced that the company signed an asset replacement agreement with pengqing agriculture, the holding subsidiary of Pengxin group, the controlling shareholder. The company plans to take 88.24% equity of Dakang Meat Food Co., Ltd. (hereinafter referred to as "Dakang meat") and 100% equity of Huaihua Xinmao animal husbandry Co., Ltd. (hereinafter referred to as "Huaihua Xinmao") as its assets, Replace 64.44% equity of Dongying Pengxin Real Estate Co., Ltd. (hereinafter referred to as "Dongying Pengxin") held by pengqing agriculture. This asset replacement will help the company further revitalize its assets and enhance its anti risk ability and profitability.