On February 17, Capital State learned that the A-share company Yuntu Holdings (002539.sz) invested in the establishment of Chengdu Fengyun Agricultural Technology Co., Ltd.
Yingcheng Xindu Chemical Co., Ltd. (hereinafter referred to as "Yingcheng Chemical Company"), a wholly-owned subsidiary of Yuntu Holdings, intends to use its own (self-raised) monetary funds of 100 million yuan to invest in the establishment of Chengdu Fengyun Agricultural Technology Co., Ltd. (tentative name, the specific name is subject to the final approval of the competent examination and approval authority, referred to as "Fengyun Agricultural Science Company"). The future business scope of the new company: agriculture, forestry, animal husbandry and fishery technology extension services; Research and development, manufacture and sales of new fertilizers; Drone sales; Sales of agricultural and sideline products; Pesticide sales; Agricultural tools for sale.
Yuntu Holdings said that Fengyun Agricultural Science Company will make full use of the market network and resources of Yuntu Holdings compound fertilizers to develop facilities in the fields of agricultural plant protection UAV flight prevention and water-saving irrigation, create a new model of agricultural services, and realize the transformation and upgrading of the company to a provider of modern agriculture and efficient planting integrated solutions. In addition, we will introduce foreign high-quality fertilizers, effectively integrate with the company's technology, products and services, and carry out research and development of new fertilizers on the basis of improving efficient planting services to cultivate new profit growth points.
At the same time, Yuntu Holdings suggested that Fengyun Agricultural Science Company is still in the preparatory stage, and there may be certain market risks and operational risks in the future operation process. The company will make full use of the accumulated management experience and model, strengthen the internal control process and risk prevention mechanism, continuously adapt to business requirements and market changes, and actively prevent and resolve various risks.
Risk Warning: All information presented by Capital State is for reference only and does not constitute investment advice, and all investment operation information cannot be used as the basis for investment. Investment is risky, enter the market need to be cautious!
This article originated from Capital State
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