CJ Cheiljedang Corporation (KOSE:A097950) is seeking acquisition of stakes in Meihua Holdings Group Co., Ltd. (SHSE:600873). CJ Cheiljedang is seeking to buy a controlling stake in MeiHua Holdings Group. "The company has signed a memorandum of understanding with MeiHua to negotiate an acquisition deal,'' the flagship affiliate of CJ Group said in a filing to the financial authorities on January 14, 2016, declining to comment the details, including the price under discussion.