Gansu Dunhuang Seed Co.,Ltd. agreed to acquire 70% stake in Jinchang Jinsongyu Agricultural Technology Development Co., Ltd. from Yang Jianzun for CNY 33.8 million.
January 18, 2019
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Gansu Dunhuang Seed Co.,Ltd. (SHSE:600354) agreed to acquire 70% stake in Jinchang Jinsongyu Agricultural Technology Development Co., Ltd. from Yang Jianzun for CNY 33.8 million on January 17, 2019. The transaction is approved by Board of Directors of Gansu Dunhuang Seed Co.,Ltd.
Gansu Dunhuang Seed Group Co Ltd is a China-based company mainly engaged in the research and development, production, processing and sales of various types of crop seeds. The Company mainly conducts its businesses through three segments. The Seed Business segment is mainly engaged in the research and development, production, processing and sales of various types of crop seeds. The Food and Trade Business segment is mainly engaged in the production, processing and sales of dehydrated vegetables, tomato powder and tomato paste, as well as the acquisition, processing, warehousing and trading of cotton and its by-products and other agricultural products. The Other Business segment is mainly engaged in other seed-related businesses. The Company mainly conducts its businesses in domestic and overseas markets.
Gansu Dunhuang Seed Co.,Ltd. agreed to acquire 70% stake in Jinchang Jinsongyu Agricultural Technology Development Co., Ltd. from Yang Jianzun for CNY 33.8 million.
GANSU DUNHUANG SEED GROUP CO.,LTD. 
