---
title: "CAC: Plans to acquire the remaining 51% equity of Guangdong Haode Crop Technology Co., Ltd. for 22.083 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248621108.md"
description: "CAC announced that the company intends to use its own funds or raised funds of RMB 22.083 million to acquire the remaining 51% equity of Guangdong Haode Crop Technology Co., Ltd. held by Dongguan Ruidefeng Biotechnology Co., Ltd. Upon completion of this transaction, Guangdong Haode will become a wholly-owned subsidiary of the company and will be included in the company's consolidated financial statements. This acquisition aims to assist the company in expanding its formulation business, broadening its business segments, improving the supporting products in the upstream and downstream, and enhancing the company's market competitiveness in the formulation field"
datetime: "2025-07-15T12:51:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248621108.md)
  - [en](https://longbridge.com/en/news/248621108.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248621108.md)
---

# CAC: Plans to acquire the remaining 51% equity of Guangdong Haode Crop Technology Co., Ltd. for 22.083 million yuan

CAC announced that the company plans to use its own funds or self-raised funds of RMB 22.083 million to acquire the remaining 51% equity of Guangdong Haode Crop Technology Co., Ltd. held by Dongguan Ruidefeng Biotechnology Co., Ltd. Upon completion of this transaction, Guangdong Haode will become a wholly-owned subsidiary of the company and will be included in the company's consolidated financial statements. This acquisition aims to assist the company in expanding its formulation business, broadening its business segments, improving the company's upstream and downstream product support, and enhancing the company's market competitiveness in the formulation field

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