Fung Food to Set up New Company with New Hope Dairy

On 4 February, Fortune NG Fung Food (Hebei) Co., Ltd. (Fung Food) announced that it would set up a JV with New Hope Dairy Holding Co., Ltd. (New Hope Dairy). With a registered capital of USD16.3 million (RMB100 million), the new company's shares will...

Dairy Products China News 201502

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