According to the Zhitong Finance App, COFCO Jiajiakang (01610.HK) announced that on October 21, 2024, the company signed an acquisition agreement with COFCO Industrial Investment. COFCO Industrial Investment agreed to sell, and the company agreed to acquire 100% of the shares of the target company COFCO Jiahua. The main business of the target company, COFCO Jiahua, is investment holding, wholly-owned by COFCO Feed. COFCO Feed is committed to providing customers with comprehensive animal nutrition solutions. Its core business covers R&D, production, sales and supporting technical services for pig feed, ruminant feed, poultry feed, aquatic feed, premixes, etc. The acquisition is in line with the Group's development strategy and will help the Group to further improve the strategic layout of the entire industry chain, reduce farming costs, optimize the business structure, and enhance resilience to risks.

Zhitongcaijing · 10/21 12:33
According to the Zhitong Finance App, COFCO Jiajiakang (01610.HK) announced that on October 21, 2024, the company signed an acquisition agreement with COFCO Industrial Investment. COFCO Industrial Investment agreed to sell, and the company agreed to acquire 100% of the shares of the target company COFCO Jiahua. The main business of the target company, COFCO Jiahua, is investment holding, wholly-owned by COFCO Feed. COFCO Feed is committed to providing customers with comprehensive animal nutrition solutions. Its core business covers R&D, production, sales and supporting technical services for feed products such as pig feed, ruminant feed, poultry feed, aquatic feed, and premixes. The acquisition is in line with the Group's development strategy and will help the Group to further improve the strategic layout of the entire industry chain, reduce farming costs, optimize the business structure, and enhance resilience to risks.