Zhejiang Dongri (600113) Bulletin, the company participated in the Zhejiang Property Exchange Co., Ltd. held in the electronic auction on July 6, 2010, through public bidding, to 17.2117 million yuan for the Zhejiang Panda Dairy Co., Ltd. 42% stake and Zhejiang Oil and foodstuffs import and Export Co., Ltd. "Panda" Dairy Products Series trademark ownership. After the auction of the stake, the company shares 42%, Hainan stability of the Australian-Chinese business company shares 40%, natural hongbing shareholding 18%. The Company believes that this equity acquisition is the company to expand new business, into a new field of an important attempt, in line with the company's diversified development strategy. According to the company's investigation and analysis, Panda dairy as a long-term dairy production enterprises, the production and operation of a more stable, with brand reputation. This equity acquisition will have a positive impact on the company's future financial position, operating efficiency and social image.
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