Investment of Legend Agriculture Exceeded one Billion yuan

By CnAgri2013-12-25 09:37:48 Print

Currently, Joyvio Group, which is the subsidiary of Legend Holding, is engaged in fruits industry including blueberry, kiwi fruit, cherry and grapes. Cherry introduced  by Joyvio Group will soon enter the supermarket. According to the person in charge of Legend Holding, the total investment to agricultural industry is expected to reach several billion of yuan. Currently, the investment in agriculture amounted to one billion yuan.

The investment is mainly used in infrastructure construction, improving facilities, logistics, products freshness preservation and branding. The food safety involves the biggest portion of investment. Due to the long cycle of agriculture, the first three to five years are the years of investing, and it's hoping to see payback in five years

From “China Oil and Oilseeds Market Weekly Report”