Agriculture is the strategic emerging industry of CITIC Group“13th Five-Year Development Plan”. It is CITIC Group’s historical mission in the new era to implement national strategies, safeguard national seed and food security. CITIC Agriculture is the platform to plan and execute agricultural development strategy of CITIC Group. CITIC Agriculture inherits CITIC Group's development philosophy of “Build Non-Financial Industries with Financial Arm”. CITIC Agriculture enjoys full access to CITIC Group's strength and resources in capital operation, brand name and global footprint to forge leading Chinese seed companies with global competitiveness.
In July 2017, CITIC Agri Fund and Beijing Capital Agribusiness have acquired 100% stake of British Cherry Valley Farms Ltd, the very first overseas acquisition done by Chinese animal breeding business. The acquisition has secured 75% market share in the global Pekin ducks breeding business, enhanced China’s self-sufficiency in primary poultry breeding, set up quality breeding program and promoted sound development of China animal husbandry. The deal symbolised that Pekin duck is coming back to China.
COPYRIGHT ©2015-2018 CITIC Agriculture. Mail:agri@citic.com 京ICP备18036748号-1