$PLIN In the interview, Mr. Wu expanded on the establishment of the joint venture with Chongqing Fengjie County Rural Ecological Agriculture Development Co., Ltd. ("FEA"
that will allow the further optimization of PLIN's production capacity while also increasing the quality of its offerings at fair and stable prices. In March, PLIN announced the MOU to acquire 51% controlling interest in Chongqing Ji Mao Cang Feed Co., Ltd.("JMC"
, a private enterprise specializing in feed raw material sales and providing feed formula solutions, to expand the southwest market in China. This is a move where PLIN is expected to increase 70% of revenue through this acquisition on an annualized basis.
Mr. Wu stated, “We could not be happier with how 2020 is progressing for our Company. The recent news highlights our commitment to the vertical integration strategy we have set forth. We want to thank SmallCapVoice.com who allowed us to discuss our developments in greater detail for better investor understanding.”
#NASDAQ GEM #PLIN interview
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