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CH BEIDAHUANG (00039.HK) signed a cooperation framework agreement with the government of Jiangcheng County for the deep processing project of konjac imports.
On December 17, GLG announced that CH BEIDAHUANG (00039.HK) has recently signed a cooperation framework agreement with the People's Government of Jiangcheng Hani and Yi Autonomous County ("Jiangcheng County Government") based on the principles of equality, cooperation and win-win, and honesty and trustworthiness for the deep processing project of konjac import. The group's subsidiary, Hunan Magic Food Technology Co., Ltd. ("Magic Food"), is currently a manufacturing enterprise focused on konjac materials and konjac food, with its upstream primarily in the agricultural and sideline product processing industry, and downstream as food manufacturers, brand operators, and direct Consumers. Magic Food purchases konjac powder for deep processing and produces konjac.
China Beidahuang Industry Group Holdings' Unit Partners Up for Konjac Food Venture
CH BEIDAHUANG (00039.HK) plans to establish Magic Food with several partners to produce and sell konjac Snack Food, Pre-Cooked Food products, and more.
On December 10, Gelonghui reported that ch beidahuang (00039.HK) announced that a wholly-owned subsidiary has signed an investment cooperation agreement with Yueyang Huamo Enterprise Management Partnership (Limited Partnership), hunan Tianyufu Trading Co., Ltd., hunan Weidaoshizi Food Co., Ltd., and Changsha Chenye Enterprise Management Co., Ltd., collectively referred to as ("the business partners"), to establish a company, hunan Mofa Food Technology Co., Ltd. ("Mofa Food"), committed to producing and selling 100,000 tons of konjac raw materials and 10,000 tons of konjac snack food and pre-cooked food products each year.
Express News | China Beidahuang Industry- to Establish Hunan Magic Foods Technology for Konjac Semi-Finished Products
Express News | China Beidahuang Industry - Unit Entered Investment Cooperation Deal With Yueyang Huamo Enterprise Management, Others
ch beidahuang (00039) recommends that the restructuring has been completed.
ch beidahuang (00039) announced that the suggested restructuring was completed on December 4, 2024.