Yuehai Feed: Plans to establish a wholly-owned subsidiary in Guangzhou

2026-04-06 17:07:57

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Beijing Business Today News (Reporter Guo Xiujuan Wang Yuetong) On April 2, Yuehai Feed Co., Ltd. issued an announcement stating that the company’s 12th meeting of the fourth session of the board of directors reviewed and approved the proposal on establishing a wholly owned subsidiary for an external investment. The company plans to invest in Guangzhou, Guangdong Province, to establish a wholly owned subsidiary, “Guangdong Zhongyi Technology Co., Ltd.” or “Guangdong Xincheng Technology Co., Ltd.”, with a registered capital of RMB 50 million. The contribution method is cash, and the funds will come from the company’s own funds or self-raised funds. This investment is intended to implement the company’s long-term development strategy. The project plans a total investment of approximately RMB 300 million to build the “Yuehai Research Institute Building” and a “aquatic feed additive premix production base,” in order to strengthen core technology research and industrialization applications, and enhance the industry’s core competitiveness.

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