Workflow
雪榕生物:成都雪榕拟参与设立控股子公司,从事冬虫夏草工厂化研发种植

Core Viewpoint - The company Snow Rong Bio announced the establishment of a new subsidiary, Chengdu Snow Grass Biotechnology Co., Ltd., in collaboration with Qinghai Chenxin Biotechnology Co., Ltd. and Mr. Zheng Weidong, focusing on the research, cultivation, and sales of Cordyceps sinensis, aligning with its multi-product strategy and aiming to enhance production capacity and reduce costs in its edible fungi business [1] Group 1 - Chengdu Snow Grass will have a registered capital of 20 million yuan, with Snow Rong Bio contributing 10.2 million yuan, accounting for 51% of the investment [1] - Qinghai Chenxin will contribute 7 million yuan in intangible assets, representing 35% of the investment [1] - Mr. Zheng Weidong will invest 2.8 million yuan, holding a 14% stake in the new company [1] Group 2 - The establishment of Chengdu Snow Grass is part of the company's strategy to diversify its product offerings and is expected to improve the utilization rate of existing production capacity [1] - This investment represents the company's attempt to venture into high-end products within the industry [1]