Denghai Aquaculture: plans to invest in establishing a wholly-owned subsidiary in Dongfang City, Hainan Province.
Denghai Seed Industry announced on November 21 that the company plans to invest in the establishment of a wholly-owned subsidiary, "Hainan Dongfang Denghai Seed Industry Co., Ltd." in Dongfang City, Hainan Province. This move aims to enhance the company's breeding research and development innovation capabilities, further expand regional business layout, and improve the seed industry value chain. The external investment this time will be funded by the company's allocation of 30 million yuan in cash, accounting for 100% of the registered capital.
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