china everbright limited’s rmb mezzanine fund invests in sichuan dekang to drive the development of modern agriculture industry
china everbright limited (“cel”, stock code: 165.hk)’s rmb mezzanine fund ii (“cel mezzanine fund”), following the principles of its new mezzanine investment strategy, has reached another major milestone through its latest investment in the service sector. cel mezzanine fund made a successful equity investment in sichuan dekang agriculture technology limited (“sichuan dekang”) in november 2016. the fund will be actively involved in the company’s bolt-on acquisitions, financing activities, and implementation of modern corporate governance in order to drive sichuan dekang’s growth in the modern agriculture industry and help cultivate a world-class agriculture and food company.
sichuan dekang was co-founded in 2006 by mr. chen yuxin, founder and chairman of huaxi hope group and mr. wang degen, president of huaxi hope group, together with an outstanding team of professionals in the agriculture industry – leveraging resources of sichuan tequ group, a management-owned agriculture company. sichuan dekang specializes in hog farming and quality chicken farming, with hog breeds sourced from canada. the company has adopted a closely-controlled, computerized management system and utilizes an intelligent genetic breeding program to ensure a consistent breeding process with excellent results. the company has cutting-edge technologies and expertise in hog breeding, and has the capability to provide technical support and supply high-quality swine breeds to the hog farming industry in china, to facilitate the industrialization of quality lean pork production. sichuan dekang has built and managed more than 30 hog farming subsidiaries and is now one of the largest livestock farming companies in southwest china.
“as a manufacturer and supplier of meat, eggs and dairy products, we have the social responsibility to provide safe and quality household products to consumers, helping them live the best quality life possible. we welcome cel to become an important shareholder of sichuan dekang and a strategic partner, and highly recognize its excellent brand name and financial capabilities. cel’s rich experience in corporate governance, finance and capital market will help us become a world-class agriculture and food company,” said mr. wang.
“hope group runs one of the most successful businesses in china. having set up a number of successful companies, they have catered to consumers’ need for better environment, safer food and higher-quality consumer products, as well as boosted the integration, transformation and development of the sub-sectors of the industry by means of industrialization, intensification, information technology and an excellent management team. through this business partnership, cel facilitates hope group to achieve the goal of building a world-class agriculture and food company,” said mr. chen shuang, executive director and chief executive officer of china everbright limited.
sichuan dekang was co-founded in 2006 by mr. chen yuxin, founder and chairman of huaxi hope group and mr. wang degen, president of huaxi hope group, together with an outstanding team of professionals in the agriculture industry – leveraging resources of sichuan tequ group, a management-owned agriculture company. sichuan dekang specializes in hog farming and quality chicken farming, with hog breeds sourced from canada. the company has adopted a closely-controlled, computerized management system and utilizes an intelligent genetic breeding program to ensure a consistent breeding process with excellent results. the company has cutting-edge technologies and expertise in hog breeding, and has the capability to provide technical support and supply high-quality swine breeds to the hog farming industry in china, to facilitate the industrialization of quality lean pork production. sichuan dekang has built and managed more than 30 hog farming subsidiaries and is now one of the largest livestock farming companies in southwest china.
“as a manufacturer and supplier of meat, eggs and dairy products, we have the social responsibility to provide safe and quality household products to consumers, helping them live the best quality life possible. we welcome cel to become an important shareholder of sichuan dekang and a strategic partner, and highly recognize its excellent brand name and financial capabilities. cel’s rich experience in corporate governance, finance and capital market will help us become a world-class agriculture and food company,” said mr. wang.
“hope group runs one of the most successful businesses in china. having set up a number of successful companies, they have catered to consumers’ need for better environment, safer food and higher-quality consumer products, as well as boosted the integration, transformation and development of the sub-sectors of the industry by means of industrialization, intensification, information technology and an excellent management team. through this business partnership, cel facilitates hope group to achieve the goal of building a world-class agriculture and food company,” said mr. chen shuang, executive director and chief executive officer of china everbright limited.