Yasheng Industrial to Set Up Subsidiary for 30 Million Yuan; Shares Up 1%
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Gansu Yasheng Industrial (Group) plans to invest 30 million yuan to establish a subsidiary, the Shanghai bourse disclosure said on Saturday. The Chinese agricultural products provider's shares rose 1% in recent trade. The subsidiary, Gansu Yasheng Ganyuan Agricultural Technology, will be an agricultural science research and experimental development company, the disclosure said.
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