On July 28, the group announced that in June this year, the group's company purchased a 100-year-old Spanish canned fish company, in the future the group in the ocean fishing tuna, salmon will be processed by the company far away in Spain and exported to the international market. Next year, the domestic market will also sell high-end canned fish processed by Spanish technology at a price 20% lower than the tuna cans currently on the market.

 

 

 

Relevant group leaders said that due to the EU trade barriers, China's seafood access in the European market for a long time has greater resistance. In June this year, the group's Ocean Fisheries Limited company invested 61 million euros ($460 million) in a wholly owned acquisition of more than 100-year-old Spanish limited companies.

 

 

 

Located in Vigo, a seaport city in Northwest Spain, the company is a leading mid-and high-end brand of canned fish products and tuna fast food in Spain. Its main business is to produce canned fish, salted fish, or other food canned and salted products, fishing, and other similar or derivative business activities. "This wholly-owned acquisition, together with the company's brand, marketing channels and modern food production lines, will help our company catch seafood in the ocean, use their high-quality processing technology, produce high-standard canned fish products, but also to explore the global seafood terminal market." The person in charge said.

 

 

 

He said that when the acquisition is completed, the high-end canned fish that will be caught by the group and processed in Spain will continue to be supplied in the domestic market next year, and Shanghai residents will be able to eat famous canned tuna from Europe. "When our canned fish enter the domestic market, the price will be reduced by at least 20%." The person in charge said.