Chinese strategic investment agreement
Fujian Provincial Pingtan County Ocean Fishing Group Co Ltd, part of Pingtan Marine Enterprise Ltd, has entered into a RMB400m (US$64m) investment agreement with China Agriculture Industry Development Fund Co Ltd, with the latter acquiring a 8% equity interest in the company’s operations.

This is a syndicated post. Read the original at World Fishing & Aquaculture - News 2015-02-12.

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