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Is Zhongnongfa Seed Industry Group (SHSE:600313) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it might be obvious that you need to consider debt, whe
Zhongnongfa Seed Industry Group (600313.SH) plans to acquire a 34.74% stake in Huacheng Seed Industry.
On June 24, Guolonghui reported that Zhongnongfa Seed Industry Group (600313.SH) announced that in November 2023, the company acquired 18.39% equity of Huacheng Seed Industry held by Anhui Modern Agricultural Entrepreneurship Investment Co., Ltd. for cash of 12.8812 million yuan, in order to consolidate the company's leading position in the Chicago SRW wheat industry and further enhance the scale strength of the company's soybean and corn seed industry. According to the company's strategic deployment, the company intends to acquire 34.74% equity of Huacheng Seed Industry held by the Modern Seed Industry Fund. According to the evaluation results issued by Zhongming International Asset Appraisal (Beijing) Co., Ltd., after consultation and agreement, the equity transfer price of this transaction is determined.
Zhongnongfa Seed Industry Group Co., Ltd.'s (SHSE:600313) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
It is hard to get excited after looking at Zhongnongfa Seed Industry Group's (SHSE:600313) recent performance, when its stock has declined 9.1% over the past three months. However, stock prices are
Nongfa Seed Industry (600313.SH): There are currently no product development plans for novel pesticides
Gelonghui, May 20 | Nongfa Seed Industry (600313.SH) said on the investor interactive platform that the company currently has no plans to develop new pesticide products.
Agricultural seed industry (600313.SH): Research on gene editing technology has been carried out on corn crops
Gelonghui, May 9丨Nongfa Seed Industry (600313.SH) said on the investor interactive platform that the company has mainly carried out research on gene editing technology in corn crops.
Agricultural seed industry (600313.SH): Received a total of 13.6563 million yuan in government subsidies
Gelonghui, May 9丨Nongfa Seed Industry (600313.SH) announced that from January to April 2024, the company's subsidiaries - Hubei Seed Group Co., Ltd. (“Hubei Seeds”), Zhongken Jinxiu Huanong Wuhan Technology Co., Ltd. (“Jinxiu Huanong”), Shanxi Luyu Seed Co., Ltd. (“Shanxi Luyu”), Shandong Zhongnong Tiantai Seed Co., Ltd. (“Shandong Zhongnong Tiantai”), Jiangsu Jindi Seed Co., Ltd. (“Jiangsu Jintai” for short), Anhui Huacheng Seed Industry Co., Ltd. (“Huacheng Seed Industry” for short), Anhui Huacheng Seed Industry Co., Ltd. (“Huacheng Seed Industry”) Gansu Xingda Seed Co., Ltd. (
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