Denghai Aquaculture (002041.SZ) plans to establish a wholly-owned subsidiary in Dongfang City, Hainan with an investment of 30 million yuan.

Zhtng Cijng APP news, Denghai Seed Industry (002041.SZ) announced that the company plans to invest and establish a wholly-owned subsidiary "Hainan Dongfang Denghai Seed Industry Co., Ltd." (tentative name) in Dongfang City, Hainan Province. The external investment in this project will be funded by the company's transfer of 30 million yuan in cash. This move will help enhance the company's breeding research and development capabilities, further expand regional business layout, improve the seed industry supply chain, and build a new development pattern for the company.