February 16, 2012

Jiangxi Zhengbang Technology to set up own pig firm

Jiangxi Zhengbang Technology Co Ltd announced Wednesday (Feb 15) that it intends to set up a fully-owned pig firm with RMB20 million (US$3.17 million) of self-raised funds.

Jiangxi Zhengbang is an East China-based company primarily engaged in the manufacture and sale of feedstuffs and feedstuff additives.

The share price of Jiangxi Zhengbang Technology increased 0.1% today to RMB10.31 (US$1.64).