Rhine Bio-Proposed U.S. subsidiary

Source: Internet
Author: User
Keywords Investment plunge
Rhine Biology (002166) bulletin, in order to improve the company's current foreign market sales and customer service model, and further stabilize the business relationship with foreign customers, the company plans to invest 1 million U.S. dollars in the United States to set up a wholly-owned subsidiary, investment mainly for the establishment of subsidiaries, Office and storage space leasing, recruitment and In January-September, the company realized total operating income of 69.761 million yuan, down 26.48%, belonging to the listed company's shareholders net profit of 10.259 million yuan, a sudden drop of 195.7%. The company expects the operating results of the year is still a loss, the losses in 13 million yuan to 18 million yuan.
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