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Guitang Share to Set up Sub Company with 1 Billion Yuan

China Agriculture Report By CnAgri2018-07-11 15:45:46China Agriculture Report Print
Guitang Share (000833) announced on June 12th that it would set up a 100% owned sub company with 1 billion yuan in the form of fund, asset and stake - Guangxi Guangye Guitang Sugar Group Co., Ltd. The new sub company shall focus on sugar, pulp and paper. Guitang intends to separate sugar, pulp and paper and asset from Guituang Share and inject to the new sub company.
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