Silk Road Energy (08250) issued an announcement. On March 22, 2024, the seller (Shenzhen Lejia Fresh Meat Co., Ltd....
Zhitong Finance App News, Silk Road Energy (08250) issued an announcement. On March 22, 2024, the seller (Shenzhen Lejia Fresh Meat Co., Ltd.) signed an equipment purchase agreement with the buyer (Dudu Fresh Meat (Shenzhen) Co., Ltd., an indirect wholly-owned subsidiary of the company). According to this, according to the terms of the equipment purchase agreement, the seller agreed to sell and the buyer agreed to buy the equipment. The cost of the acquisition was RMB 5,633,700. Equipment includes meat slicers, refrigerated storage equipment, delivery vans, and other related equipment.
According to the announcement, the establishment of an equipment purchase agreement provides the Group with a good opportunity to explore the business potential of these industries and generate growing demand for high-quality processed food due to China's growing purchasing power.
By entering into an equipment purchase agreement, the Group has laid the foundation for its meat production, cutting, processing, packaging and distribution business. At the same time, the Group has obtained the necessary space and permits to conduct business, and is actively recruiting experienced teams to manage this new business. It is expected that the meat production, cutting, processing, packaging and distribution business will commence as soon as the acquisition is completed and the Group recruits the required personnel. Establishing a food processing business will diversify the Group's business and is expected to drive the Group's long-term growth. The Group will use its internal resources to develop this division.