CHINA Kangda Food (00834.HK) said that it has incorporated a subsidiary in the PRC, Jilin Kangmei Rabbit Co., Ltd., which will principally engage in breeding and sale of rabbits and rabbits for test uses.
51% of the registered capital in Jilin Kangmei is owned by China Kangda Food and the remaining 49% is held by an independent third party.
Jilin Kangmei has a registered and paid-up capital of RMB8.5 million.