Lu Xin Venture Capital Group Co., Ltd. announced that Shandong Hi-tech Venture Capital Co., Ltd., a wholly-owned subsidiary, plans to invest 40 million yuan and 5 million yuan respectively with its holding Shandong Science and Technology Venture Capital Co., Ltd. to subscribe for the newly-increased registered capital of Shandong Zhongnong United Biotechnology Co., Ltd. of 8 million yuan and 6,543.8+0 million yuan, accounting for 65.438+02% and 6,544.438+02% of the registered capital after the capital increase of China Agricultural United. After the capital increase is completed, 65,438+0 directors and 65,438+0 supervisors are jointly recommended by Zhongnong Hi-Tech Investment. Sino-Agricultural Union was established in February 2006, focusing on the production of pesticide products. As of June 30th, 20 1 1 year, the total assets of Sino-Agricultural Union were 480 million yuan, and the net assets were/kloc-0.02 million yuan; 20 1 1 year1-June, Sino-Agricultural Union realized the main business income of 334 million yuan and the net profit of 18753700 yuan. Event introduction:
1June 12 news, Shandong Huaxia Tea Union Company recently announced that it has obtained joint investment from four investment institutions, including Shenzhen Venture Capital and Lu Xinchuang Investment, and all the funds have been received. This investment is also the largest investment in China tea industry at present.
Among them, Lu Xin Venture Capital, through its wholly-owned subsidiary, Shandong Hi-Tech Venture Capital Co., Ltd. (hereinafter referred to as "Hi-Tech Investment"), signed a capital increase agreement with Huaxia Tea Federation in Jinan on June 5438+ 10/0, and Gaoxin Investment invested 20 million yuan to subscribe for the newly-increased registered capital of Huaxia Tea Federation 193 19.
Ma Yufeng, CEO of Huaxia Tea Union Company, revealed that the investment will be used to expand the upstream industrial chain of Huaxia Tea Union Company, integrate the tea production base and upgrade the software and hardware of the buy buy tea website. At the same time, Huaxia Tea United Company plans to build warehouses in six major cities, including Beijing, Shanghai, Guangzhou, Chongqing, Xi and Jinan. Ma Yufeng said that the warehouse of Jinan Branch has been completed and the warehouse of Beijing Branch is under construction.