Yuan Long Ping High-Tech Agriculture Co., Ltd. (SZSE:000998) won a bid to acquire additional 7.14% stake in Longping Agriscience Co., Ltd. from Xinyu Nongyin Longfa Investment Partnership Enterprise (Limited Partnership) for CNY 800 million on August 1, 2023. Yuan Long Ping High-Tech Agriculture Co., Ltd. board of directors and shareholders approved the transaction.

Yuan Long Ping High-Tech Agriculture Co., Ltd. (SZSE:000998) completed the acquisition of additional 7.14% stake in Longping Agriscience Co., Ltd. from Xinyu Nongyin Longfa Investment Partnership Enterprise (Limited Partnership) on October 19, 2023. CSC Financial Co., Ltd. acted as financial advisor to Yuan Long Ping High-Tech Agriculture Co., Ltd.