The proposed distribution retail logistics network of Dajiang shares

Hui Zheng One Shanghai Dajiang (Group) Co., Ltd. (600695.　　SH, hereinafter called "Dajiang Shares", announced today that it would raise funds through non-public offerings to strengthen the company's retail and logistics network.　　The announcement disclosed that the Dajiang stake will be 5.27 yuan price to two institutions non-public issue not more than 73.69 million shares of a shares, the total amount of funds to be raised is not more than 388 million yuan, will be all to the metropolis poultry, meat food supply system, including poultry, meat and food Community retail Terminal Network, supporting cold chain logistics systems and research and development centers. It is believed that the investment direction is a hot spot in today's growing demand for consumer goods and high attention to food safety. Dajiang shares founded in August 1985, successfully listed in 1993, the existing registered capital of 676 million yuan, the main business covers food, real estate, machinery.　　At present, the company for the Shanghai Agricultural industrialization leading enterprises.　　Jian Yin International Medical Industry Equity Investment Co., Ltd. and the original major shareholder Shanghai Oasis Science and Technology Co., Ltd. to subscribe to the total amount of 50%, the former has been focused on national health, medical and other livelihood projects, and its investment in the Big River shares and voluntarily locked 36 months. Dajiang shares said Dajiang shares will focus on the food industry to do fine strong strategy has been clear, the non-public offering of investment projects in the industrial chain upgrade project implementation will greatly improve the company's production capacity and cold chain logistics control, and will strengthen the chain of retail and logistics network construction and improvement,　　Company production and marketing integrated business chain pattern will be formed. Insiders believe that from the company's industry chain in the interests of the distribution of the relationship between the middle and lower reaches of the supply and marketing channels, especially the retail channel is the profit core; from the company's development, to increase market share, expand sales scale, also must be closer to the end of consumer demand,　　Therefore, the overall planning and construction of terminal sales channels is the most important to the development of enterprises.　　According to the plans of the Dajiang stake, the "river Select" Brand stores will be expanded from 20 community stores to 2 flagship stores and 500 community stores, and will enter the market in Jiangsu and Zhejiang. In fiscal year 2009, the net profit attributable to the owner of the parent company is 47.73 million yuan, and the company is expected to turn over 2010.