--- title: "Yasheng Group: Wholly-owned subsidiary plans to invest 30 million yuan to establish a company to strengthen supply chain construction" type: "News" locale: "en" url: "https://longbridge.com/en/news/245425517.md" description: "On the evening of June 20th, Yasheng Group announced that in order to strengthen supply chain construction and ensure the long-term stable supply of raw materials for the sugar industry, its wholly-owned subsidiary Gansu Yasheng Sweet Source Agricultural Development Co., Ltd. plans to invest CNY 30 million in cash to establish a wholly-owned subsidiary, Gansu Yasheng Ganyuan Agricultural Technology Co., Ltd., in Ganzhou District, Zhangye City, Gansu Province. The establishment of this subsidiary aligns with the company's long-term development strategy and future business development needs, and will help promote the sustainable, stable, and healthy development of the company's sugar industry" datetime: "2025-06-20T10:48:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/245425517.md) - [en](https://longbridge.com/en/news/245425517.md) - [zh-HK](https://longbridge.com/zh-HK/news/245425517.md) --- # Yasheng Group: Wholly-owned subsidiary plans to invest 30 million yuan to establish a company to strengthen supply chain construction On the evening of June 20th, Yasheng Group announced that in order to strengthen supply chain construction and ensure the long-term stable supply of raw materials for the sugar industry, its wholly-owned subsidiary Gansu Yasheng Sweet Source Agricultural Development Co., Ltd. plans to invest CNY 30 million in cash to establish a wholly-owned subsidiary, Gansu Yasheng Ganyuan Agricultural Technology Co., Ltd., in the Ganzhou District of Zhangye City, Gansu Province. The establishment of this subsidiary aligns with the company's long-term development strategy and future business development needs, and will help promote the sustainable, stable, and healthy development of the company's sugar industry ### Related Stocks - [600108.CN](https://longbridge.com/en/quote/600108.CN.md) ## Related News & Research - [Justin Wolfers Warns 'Mess' In Middle East Will Continue Through The Midterms, Wonders If Republicans In Congress Will 'Step In' To Save Their Jobs](https://longbridge.com/en/news/286721396.md) - [Cotton Back to Mixed Trade at Wednesday’s Midday](https://longbridge.com/en/news/287100979.md) - [Cotton Falling Back to Start Turnaround Tuesday Trade](https://longbridge.com/en/news/286913130.md) - [Cotton Rallying into Midday Trade](https://longbridge.com/en/news/286803577.md) - [PRECIOUS-Gold steadies as high Treasury yields offset Mideast peace hopes](https://longbridge.com/en/news/287040685.md)