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CITIC Group's Capital Injection into Longping High-Tech Approved: Strengthening Investment in China's Seed Industry
2025-04-09 /
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Author：小编
CITIC Group, through its subsidiary CITIC Agriculture, has secured formal approval from the China Securities Regulatory Commission for a capital increase in Longping High-Tech. The total private placement fund does not exceed 1.2 billion yuan. This influx of capital will propel Longping High-Tech forward in breeding research and development, as well as facilitate industrial integration, thereby bolstering the company's innovative capabilities and core competitiveness. CITIC Group remains steadfast in its belief in the investment potential of China's capital market and in Longping High-Tech, further underscoring its commitment to supporting the growth of China's seed industry.
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