Anjoy Foods Group Co., Ltd. agreed to acquire 40% stakes in Hubei Xinliuwu Food Group Co., Ltd from Liu Zhonghu and Liu Jing for CNY 368 million.
August 22, 2022
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Anjoy Foods Group Co., Ltd. (SHSE:603345) agreed to acquire 40% stakes in Hubei Xinliuwu Food Group Co., Ltd from Liu Zhonghu and Liu Jing for CNY 368 million on April 25, 2022. Anjoy Foods Group Co., Ltd acquired 35.4545% and 4.5455% of Hubei Xinliuwu Food Group Co., Ltd held by Liu Zhonghu and Liu Jing. The transaction is subject to approval of offer by Anjoy Foods Group Co., Ltd board. The board of directors approved the deal.
Anjoy Foods Group Co., Ltd. (SHSE:603345) completed the acquisition of Hubei Xinliuwu Food Group Co., Ltd from Liu Zhonghu and Liu Jing on April 30, 2022.
Anjoy Foods Group Co Ltd, formerly Fujian Anjoy Foods Group Co Ltd, is a China-based company mainly engaged in the research, development, production and sales of quick-frozen food. The Company's products include quick-frozen surimi products, quick-frozen meat products, quick-frozen noodles and rice products, quick-frozen dish products and others, such as Q fish plate, fish tofu, fried fish balls, pee meatballs, Xiami dumplings, kiss intestines, hand-held cakes, milk steamed bread, thousand night tofu, egg dumplings and shrimp slip. The Company operates mainly in the domestic market.
ANJOY FOODS GROUP CO., LTD. 
