Jiajia Food Group Co.Ltd(002650) announced on December 23 that the company plans to jointly invest with Shanghai qihetu technology partnership (hereinafter referred to as qihetu) to establish Jiajia Food Group Co.Ltd(002650) (Hunan) Co., Ltd. (hereinafter referred to as Hunan Jiajia). Among them, the company contributed 25.5 million yuan, accounting for 51% of the registered capital of Hunan Jiajia, and is its controlling shareholder.
The Kwai Gaga registered capital of 50 million yuan, the business is located in soy sauce based seasoning production and in tiktok, fast hand, Xiaohong book, Tmall, Jingdong and other business platform channel brand promotion and product sales. Hunan
Jiajia Food Group Co.Ltd(002650) said that the foreign investment to establish a holding subsidiary in Changsha, Hunan Province is based on the company’s strategic planning and its own business development needs. It aims to integrate the partner’s e-commerce sales channel resources and e-commerce operation management experience, optimize the combination of brand, technology, management and marketing resources of the joint venture, better expand market space and enhance the company’s comprehensive strength.
(China Securities Journal · China Securities Network)