Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
News for Outlets

Chinese animal health firms announce joint venture to explore global market

November 11, 2022


Abstract : China Animal Husbandry Industry Co., Ltd. (CAHIC, 600195.SH) on Thursday announced to establish a joint venture with Sinopharm Animal Health Co., Ltd. (SPAH) and several other companies to promote global development of China's animal health industry, reported China Securities Journal.

pic.jpg

A cat is seen at a booth during the KoShariki Cat Show at the Sokolniki Exhibition and Convention Center in Moscow, Russia, on Jan. 4, 2018.  (Xinhua/Bai Xueqi)

BEIJING, Nov. 11 (Xinhua) -- China Animal Husbandry Industry Co., Ltd. (CAHIC, 600195.SH) on Thursday announced to establish a joint venture with Sinopharm Animal Health Co., Ltd. (SPAH) and several other companies to promote global development of China's animal health industry, reported China Securities Journal.

The joint venture is expected to be established among CAHIC, SPAH, China Agricultural Vet Biology and Technology Co., Ltd., Yulin Holdings and Beijing Zhong Yu Zhong Nong Biological Technology Co., Ltd., with a planned registered capital of 100 million yuan (about 13.94 million U.S. dollars).

It is planned that the joint venture's business scope will cover foreign trade and investment, as well as R&D, production, sales, import and export, and agent registration service of animal biological products, among others.

The joint venture, upon establishment, will actively participate in the Belt and Road Initiative, focusing on providing standardized products and services to Belt and Road countries through overseas investment, according to CAHIC. The joint venture will strive to expand its overseas business through enhancing the influence of product and brand globalization.

(Edited by Yu Huichen with Xinhua Silk Road, yuhuichen@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: joint venture animal health industry

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial