Yuan Longping High-Tech Agriculture Co.Ltd(000998) on January 24, it was announced that Hangzhou Ruifeng planned to transfer some equity and increase capital and shares to introduce advantageous strategic investors. Among them, the company plans to transfer the 4.1% equity of Hangzhou Ruifeng held by Chengtong CITIC agricultural restructuring Investment Fund (hereinafter referred to as "CITIC agricultural fund") at the price of 62.976 million yuan through equity transaction, and the shareholding ratio is changed from 22.97% to 23.20%.
It is reported that Hangzhou Ruifeng is a science and technology enterprise focusing on the R & D of biotech products of crops such as corn and soybean. It has rich transgenic product lines and sufficient potential for R & D. At present, the corn character product "Ruifeng 125" has obtained the safety certificate of agricultural genetically modified organisms, and "Zhejiang Ruifeng 8" has publicized the approval list of biosafety Certificate (production application).
The relevant person in charge of Yuan Longping High-Tech Agriculture Co.Ltd(000998) said that this transaction is conducive to the aggregation of internal and external resources to jointly promote and improve the R & D work of Hangzhou Ruifeng. After the completion of the transaction, Yuan Longping High-Tech Agriculture Co.Ltd(000998) remains the largest corporate shareholder of Hangzhou Ruifeng.
At the same time, the person in charge said, Yuan Longping High-Tech Agriculture Co.Ltd(000998) as the leader of China's seed industry, China's corn seed market share ranks first in the industry. The company attaches great importance to the layout of biological breeding field. This strategic increase in Hangzhou Ruifeng is in line with the company's development strategy. As the industrial shareholder of Hangzhou Ruifeng, the company will promote closer cooperation and resource sharing between upstream and downstream industries, and promote the layout of Hangzhou Ruifeng in China's international market.
