Guolian Plans to Raise Private Funding to Boost White Shrimp Production in China
SEAFOODNEWS.COM [JFinfo] translated by Amy Zhong - September 25, 2017
Guolian plans to raise about 1.26 billion yuan (~$190 million U.S.) through private placement to boost production. And greater white shrimp demand brings better market performance for Guolian.
Seafood prices have remained at high levels within the first half of this year. Guolian has gained great market success with its main product, white shrimp. Its net profit ballooned by 705.54 percent in the first half of 2017 compared with the same period last year. It has played a leading role in China’s ...
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