AgriNurture, Inc. Acquired Full Ownership Over Fucang

The existing holders of 30% of the outstanding shares of Zhongshan Fucang Trading Co., Ltd. (Fucang) in China have assigned their shares to AgriNurture, Inc. (ANI) in liquidation of previous advances.

​Zhongshan Fucang Trading Co., Ltd. (Fucang) was established on May 31, 2013 in Zhongshan City, China to engage in, among other activities, the sale, import and export of goods and technologies. Fucang has already been 70% owned by ANI prior to this transaction. By virtue of assignments of shares made by the private stockholders of Fucang to ANI, it now holds 100% ownership of its equity.
 
ANI traces its humble beginnings in 1997 as a trader of post-harvest agricultural machineries that help improve the productivity and income of rural Filipino farmers. Formerly known as Mabuhay 2000 Enterprises, Inc., it eventually diversified into various agro-commercial businesses and has become one of the country’s top fresh mango exporters to the world markets.
 
At present, ANI also supplies other home-grown fruits such as banana and pineapple to customers in Hong Kong, Mainland China, the Middle East and to the different European regions.