A subsidiary of Dabeinong Holdings plans to acquire a 50.99% stake in Xianmei Seedlings

Xianmei Seedling is a research and development manufacturer of crop seeds, mainly engaged in the introduction, research and development, production, processing and promotion of new varieties of “famous, excellent and special” sweet corn, rice, watermelon, melon, and vegetables at home and abroad. Recently, Beijing Chuangzhong Technology Co., Ltd. plans to acquire a 0.99% stake in Xianmei Seedlings, and the corresponding transaction amount is about 152 million yuan.

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