Every AI newsletter, investors ask questions on the investor interaction platform: Dear Secretary: Hello! Shenzhen Agricultural Products Group Co.Ltd(000061) company is the largest shareholder of Shenzhen Cereals Holdings Co.Ltd(000019) , accounting for 16.98%. Shenzhen food substance group accounts for 14.12% and is the second largest shareholder. Meanwhile, food substances group is the first shareholder of Shenzhen Agricultural Products Group Co.Ltd(000061) , accounting for 34%. As the largest shareholder, what is the proportion of the company in the Shenzhen Cereals Holdings Co.Ltd(000019) board of directors? Are there horizontal competition among the three companies? How can the company give play to the synergy of Shenzhen Agricultural Products Group Co.Ltd(000061) , Shenzhen Cereals Holdings Co.Ltd(000019) and the three companies of food material group to seek greater development? Please solve your doubts carefully, thank you!
Shenzhen Agricultural Products Group Co.Ltd(000061) (000061. SZ) said on the investor interaction platform on December 31 that the company holds Shenzhen Cereals Holdings Co.Ltd(000019) 94.8323 million shares, accounting for 8.23%. As the second largest shareholder of Shenzhen Cereals Holdings Co.Ltd(000019) , the company has a certain impact on Shenzhen Cereals Holdings Co.Ltd(000019) financial and operating policy decisions. There is no horizontal competition between the company and the controlling shareholders of food materials group and Shenzhen Cereals Holdings Co.Ltd(000019) . The three companies are state-owned enterprises and will play a practical role in ensuring public Shenzhen Agricultural Products Group Co.Ltd(000061) supply and food safety.
(Daily Economic News)