China Water Fisheries announced that its wholly-owned subsidiary and US Fisheries plan to establish a joint venture with the Kiribati Government and Haifu Company in Starawa, Kiribati, with a registered capital of 2 million Australian dollars, of which 1.2 million Australian dollars and 60% of the shares will be held. The investment has been reviewed and approved by the company's board of directors, and is still subject to relevant domestic and international approval, registration and filing procedures.

China Water Fisheries announced that its wholly-owned subsidiary and US Fisheries plan to establish a joint venture with the Kiribati Government and Haifu Company in Starawa, Kiribati, with a registered capital of 2 million Australian dollars, of which 1.2 million Australian dollars and 60% of the shares will be held. The investment has been reviewed and approved by the company's board of directors, and is still subject to relevant domestic and international approval, registration and filing procedures.