Austasia Group in The Progress of IPO: One of The Top Five Dairy Farm Operators in China with Bright Future
On 16 December, AustAsia Group Ltd. ("AUSTASIA GROUP" or the "Company"; stock code: 2425.HK), a dairy farm operator, officially launched its IPO, which has now entered the third day.
- On 16 December, AustAsia Group Ltd. ("AUSTASIA GROUP" or the "Company"; stock code: 2425.HK), a dairy farm operator, officially launched its IPO, which has now entered the third day.
- According to the prospectus, AUSTASIA GROUP is one of the top five dairy farm operators in China, ranking third, fourth and fifth among all dairy farm operators in China in terms of sales volume, sales value and production volume of raw milk in 2021.
- As an essential people's livelihood industry, the dairy industry in China has been developing rapidly since the reform and opening up.
- AUSTASIA GROUP currently owns and operates ten large-scale dairy farms in China, with an aggregate gross land area of approximately 14,657 mu.