Chinese agri firm COFCO Fortune rakes in $3.1b in strategic financing

Chinese agri firm COFCO Fortune rakes in $3.1b in strategic financing

The signing ceremony of COFCO Fortune's 21-billion-yuan ($3.1 billion) strategic investment on February 1, 2023. Source: COFCO Fortune

COFCO Fortune, the agri and grain business arm of China’s largest food manufacturer, COFCO Group, has secured 21 billion yuan ($3.1 billion) in a strategic investment.

Edited by: Joymitra Rai