Chinese PE Firm Hezhi Investment Backs Yihao Foodstuff In $72M New Round

News Source: China Money Network.

Chinese food firm Yihao Foodstuff has raised RMB500 million (US$72.25 million) in a strategic investment round from the country’s private equity firm Hezhi Investment and a poverty relief fund managed by Chinese national investment company, State Development & Investment Group (SDIG).

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