JD Capital invests 80 million RMB in Fuzhou Baiyang Seafood Co., Ltd. to drive rapid growth in the promising new agriculture sector in China.
Target Information
Fuzhou Baiyang Seafood Co., Ltd. is a company engaged in the seafood industry, specializing in high-quality seafood products and their distribution. Recently, the company has received substantial financial backing from JD Capital, a prominent private equity firm in China. With an investment of 80 million RMB, Baiyang Seafood is set to enter a rapid expansion phase that will enhance its market presence.
JD Capital has shown a committed interest in the new agriculture sector, contributing to various investments within this industry in recent years. The 800 million RMB investment marks a significant strategic move aimed at capitalizing on the potential growth of agriculture-related businesses in China.
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Industry Overview in China
The new agriculture sector in China has gained substantial momentum, with private equity (PE) firms and venture capital (VC) investments surging in recent years. From 2006 to mid-2009, there were approximately 69 recorded investments in agricult
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Disclosed details
Transaction Size: $12M
Equity Value: $12M