CDH Invests $23M In Zhongding Dairy Farming

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Hebei province-based dairy firm Zhongding Dairy Farming has received RMB400 million (US$64 million) financing from CDH Investments and other undisclosed investors, according to Chinese media reports.

Among the investors, CDH agreed to inject RMB140 million (US$23 million). The company will use the proceeds to expand its dairy assets network.

China Money Network

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