Hunan New Wellful Co.,Ltd. announced that it has received CNY 1.029989989 billion in funding from Hunan Modern Agriculture Industry Holding Group Co., Ltd., Hunan Cereals, Oils and Foodstuffs Import and Export Group Co., Ltd., Hunan Xingxiang Investment Holding Group Co., Ltd., Hunan Construction Engineering Group Corporation
October 26, 2021
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On October 27, 2021, Hunan New Wellful Co.,Ltd closed the transaction. The company paid CNY 7,795,579.85 as issuance fees in the transaction. Hunan Modern Agriculture Industry Holding Group Co., Ltd acquired 8.78% stake, new investors Hunan Xingxiang Investment Holding Group Co., Ltd acquired 5.51% stake and Hunan Construction Engineering Group Corporation acquired 3.68%.
Hunan New Wellful Co Ltd is a China-based company principally engaged in the breeding and distribution of pigs and feed processing. The Company's main products include pigs, meat and feed. The Company is also engaged in raw material trading, fresh meat distribution, frozen meat business and slaughter refrigeration. The Company operates its businesses primarily in Mainland China, Hong Kong and Macau.
Hunan New Wellful Co.,Ltd. announced that it has received CNY 1.029989989 billion in funding from Hunan Modern Agriculture Industry Holding Group Co., Ltd., Hunan Cereals, Oils and Foodstuffs Import and Export Group Co., Ltd., Hunan Xingxiang Investment Holding Group Co., Ltd., Hunan Construction Engineering Group Corporation