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Jiangxi Shaungshi Expands Into Aquaculture

Economics +1 more

CHINA - Hiru Corporation has launched Jiangxi Fisheries Biology Co. to continue its expansion into aquaculture.

Following the news from September, when the company announced signing a reservoir lease contract in Nanchang County, the company set up Jiangxi Fisheries Biology Co.

Jiangxi Fisheries Biology Co. was launched with a total investment of RMB1 million.

Jiangxi Shaungshi Pharmaceutical Co. invested RMB700,000, 70 per cent of the total share capital.

Hiru subsidiary, Jiangxi Shaungshi Animal Health Products (AHP) Co., operates its subsidiary Jiangxi Ian Van Agricultural Development Corporation, which aided the company to sign the reservoir lease and aids Shuangshi AHP in expansion into animal husbandry and agricultural fields. Jiangxi Fisheries Biology Co. is a direct outcome of these efforts.