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Hua Yin Unit Signs Five-Year Contract With University for Ginseng Research Center

MT Newswires ·  {{timeTz}}

03:43 AM EDT, 09/06/2022 (MT Newswires) -- Hua Yin International (HKG:0989) unit Hua Yin Dunhua will set up a ginseng research and development center under a five-year cooperation agreement with Jilin Agricultural University, according to a Monday filing.

Under the agreement, Hua Yin Dunhua will contribute an aggregate of 2.5 million yuan ($359,992) spread over five years to promote research in the fields of ginseng and Chinese herbal medicine.

The university will appoint a chief supervisor while both parties will appoint two vice-supervisors.

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