China Securities Network News (reporter Pan Yujing) On November 10, Jindawei issued an announcement after hours, the company invested 5.1 million yuan and 4.6 million yuan with its own funds respectively, and Xiangpiaopiao and Ningbo Xuanying Yunhao jointly established Jindawei (Shanghai) Nutrition Food Co., Ltd. and Jinpiaopiao (Shanghai) Food Technology Co., Ltd. The above-mentioned joint venture company recently went through the relevant industrial and commercial registration procedures and obtained the "Business License".
According to the announcement, Kingdomway is a leading enterprise in the whole industry chain of nutrition and health in China, and in 2017, through its wholly-owned subsidiary Kingdomway America, LLC, it held 30% of the equity of Labrada Bodybuilding Nutrition, Inc. (hereinafter referred to as Labrada), and legally owned the trademark rights of the LEAN BODY brand in the People's Republic of China. Xiangpiaopiao is a well-known domestic food and beverage brand listed enterprise, mainly engaged in food and beverage products research and development, production and sales. Ningbo Xuanying Yunhao is a partnership that mainly provides strategic investment planning for FMCG industry companies and introduces a series of investment management services such as investment partners.
According to the announcement, Labrada is headquartered in Texas, USA, the brand focuses on nutrition product research and development and nutrition education, through a variety of ways and means to hold fitness, nutrition, health education popularization activities; Labrada provides a variety of healthy nutritional supplements, its LEAN BODY ready-to-drink high-protein nutrition shake products have won the American Culinary Institute gold medal and the National Food and Nutrition Association of the United States Public Choice Award.
According to the announcement, the two joint venture companies jointly invested in the above-mentioned joint ventures respectively carry out the research and development, production and sales of LEAN BODY products in the Chinese market, and jointly develop the market of health and nutritional supplements, related functional foods and functional beverages in China.
![The old lady uncle's IPO led out of the "Huzhou Merchant Gang", XiangPiao, Jinba men's clothing shared capital feast[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)