The Boen Group announced that Guangdong Boen Investment Co., Ltd., a wholly-owned subsidiary of the company, plans to acquire 100% of the shares of Seagate Feed Co., Ltd., and Seagate Feed Co., Ltd. held by Seagate International Holdings Co., Ltd. in cash, with a total share transfer of 112 million yuan. After the transaction is completed, the three target companies will be included in the scope of the company's consolidated statement. The transaction still needs to be submitted to the company's shareholders' meeting for review and does not constitute a related transaction or major asset restructuring.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.