Shennong Technology plans to acquire a 51% stake in Baolu Aquatic Products

Baolu Aquatic Products is an aquatic product processor. Its business scope includes: aquatic technology development; aquaculture and management; aquatic fry breeding (excluding precious and fine varieties unique to my country); acquisition of agricultural and sideline products; import and export of goods; import and export of technology; Frozen processing of aquatic products; wholesale and retail of aquatic products; wholesale and retail of feed; wholesale and retail of aquaculture drugs; wholesale and retail of aquatic machinery and equipment; road transportation of general goods; investment in entertainment, tourism and cultural projects; investment in real estate projects. It was recently acquired by Shennong Technology with a 51% stake, and the post-investment valuation was not disclosed.

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