Thanks a bunch bud..
SIAF holds a 40% stake in the company. Yes, the stock feed and fertilizer are just part of the synergy. The main purpose of the company is to sell beef. Since it is majority owned by the Government (through SanJaing) they obviously have the infrastructure in place.
SIAF's involvement is that it holds the exclusive license in china for the feedstock, which has been proven to fatten the cows faster than other feed products. They use patented enzyme and bacteria.
So basically, SIAF has partnered with government run Sanjing to launch a beef cattle operation. They are a pure start-up right now, but in a few years they could become one of the largest beef suppliers.
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