Huge strategic investment in China’s largest grain and oil company – MIR

Huge strategic investment in China’s largest grain and oil companyFulinmen, a subsidiary of China’s largest grain and oil group COFCO, held a signing ceremony yesterday to attract strategic investors.Fulinmen, a subsidiary of China’s largest grain and oil group COFCO, held a signing ceremony yesterday to attract strategic investors. It was China’s largest private equity financing project in recent years. In total, the financing raised 21 billion yuan from domestic and international investors, mainly from social security funds. Ren Zhi, vice president of the China Grain Industry Association, said they expect that this funding will improve the competitiveness of the industry and supply chains, and accelerate the qualitative development of China’s grain industry.