Big Bright hand Mitsui property expands overseas strategy

After a setback in the Australian sugar industry, Bright Foods (Group) Co., Ltd. (hereinafter called "The Great Light") continued to explore the road to overseas expansion.　　Yesterday, "The first financial daily" from the big Bright side learned that the big bright will hand Mitsui Property Co., Ltd. (hereinafter referred to as "Mitsui Property"), in the field of food business cooperation, the two sides will sign a strategic agreement this week. The cooperation mainly in the sugar industry, the flow of mutual assistance and dairy products overseas processing and other content-oriented. Among them, the great light will use Mitsui technology for research and development, production, improve the existing sugar industry in the light of the value-added, and further expand market share. The cooperation in circulation will help Mitsui property to hold the Japanese food exhibition regularly and build the foundation of the wholesale business in China as the goal.　　In addition, the two sides will discuss cooperation in other business areas through the sales network of the big bright retail enterprises and the food processing facilities, the integration of Mitsui property or the technology and career experience of its partners.　　Mitsui Property, founded in 1947, is one of Japan's largest comprehensive trading companies, the main business includes food and retail business, involved in cereals, fats, fodder, livestock and aquatic products, sugar, beverages and food ingredients (tea, fruit juices, coffee, dairy products, cocoa products, etc.), circulation industry, retail services and so on. As one of the largest integrated food industry groups in China, the great light is actively implementing the internationalization strategy. At the beginning of July, the big bright to the Australian sugar industry boss, the Western Company (CSR) acquisition at the last moment of sudden misfortune, not to Singapore Fung-Yick International. But the great light of a bad beginning has not given up on the global effort to lay out food industry resources and process sales channels. Soon, in another main business-dairy industry will be victory. In the middle of July, Bright Dairy (600597). SH) announced that the New Zealand Synlaitmilk Company is proposed to subscribe to the new common stock 26021658 shares, and the latter 51% stake in the New Zealand dairy industry.