Hongying Stock (000523.SZ): Asia Food will become a subsidiary of the company.

Zhtng Cijng APP news, Hongmeng Stock (000523.SZ) announced that the company plans to use its own funds to acquire 39.9996% equity of Guangzhou Asia Food Technology Co., Ltd. (referred to as "Asian Food") held by Guangzhou Nanye Yingyuan Investment Consulting Co., Ltd. (referred to as "Nanye Yingyuan") at a price of RMB 90,280,400 (the above amount has been deducted the dividend received by Nanye Yingyuan after the assessment reference date).