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COFCO Group establishes a Reserve Oil and Reserve Grain Management Company
People’s Finance News, April 8—According to the Qichacha app, recently, COFCO Reserve Oil Management Co., Ltd. and COFCO Reserve Grain Management Co., Ltd. were established. Their registered capital is 100 million yuan each. Their business scope includes grain and oil warehousing services, grain purchasing, primary agricultural product purchasing, and more. Qichacha’s equity-penetration view shows that both of the above companies are indirectly wholly owned by COFCO Group Co., Ltd.