Longping High-Tech plans to acquire 51% of Jinghua Seeds for 168 million yuan total

English summary

Longping High-Tech announced it will acquire 46.09% of Jinghua Seeds for 138 million yuan and inject 30 million yuan, totaling 168 million yuan. After the deal, it will hold 51% of Jinghua Seeds and consolidate it. The acquisition helps expand its seed business and benefits long-term development.