Hunan Xingchuang Investment Management Co., Ltd. completed the acquisition of 5.03% stake in Daodaoquan Grain and Oil Co.,Ltd. from Hunan Xingchuang Investment Management Co., Ltd.
June 11, 2024
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Hunan Xingchuang Investment Management Co., Ltd. agreed to acquire 5.03% stake in Daodaoquan Grain and Oil Co.,Ltd. (SZSE:002852) from Hunan Xingchuang Investment Management Co., Ltd. for approximately CNY 150 million on May 9, 2024.
Hunan Xingchuang Investment Management Co., Ltd. completed the acquisition of 5.03% stake in Daodaoquan Grain and Oil Co.,Ltd. (SZSE:002852) from Hunan Xingchuang Investment Management Co., Ltd. on June 12, 2024.
Daodaoquan Grain and Oil Co Ltd is a China-based company principally engaged in the research and development, production and sales of edible vegetable oil products. The Company's main products include packaged rapeseed oil, soybean oil, corn oil, sunflower oil and its blending oil. Its products include pressed rapeseed oil, original coriander seed oil, mellow coriander seed oil, concentrated coriander seed oil, pure rapeseed oil, pressed corn oil, pressed sunflower seed oil, edible plant blending oil and other specifications. The Company distributes its products under the Daodaoquan brand. The Company mainly distributes its products with domestic market.
Hunan Xingchuang Investment Management Co., Ltd. completed the acquisition of 5.03% stake in Daodaoquan Grain and Oil Co.,Ltd. from Hunan Xingchuang Investment Management Co., Ltd.
DAODAOQUAN GRAIN AND OIL CO.,LTD. 
