China Xiangtai Food Co., Ltd. to Purchase 686 Spot Bitcoin Miners with Total Hash Rate of 63,000 TH/s
CHONGQING, CN – January 06, 2022 – China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) (“China Xiangtai ” or the “Company”), an emerging growth company engaged in agricultural business with a diversified expansion strategy, today announced that the Company, through its U.S. subsidiary SonicHash LLC, has entered into a purchase agreement (the “Agreement”) with a global […]
China Xiangtai Food Co., Ltd. Announces completion of its first purchase of spot bitcoin miners worth US$7,000,000 with total hash rate of 69,000 Th/s
CHONGQING, China – December 15, 2021 – China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) (“PLIN” or the “Company”), an emerging growth company engaged in agricultural business with a diversified expansion strategy, today announced that the Company has entered into an asset purchase agreement through its Canadian subsidiary with a local company for the purchase of […]
China Xiangtai Food Co., Ltd. Completes Approximately US$5 Million Sales of 12,000 tons of Soybean Meal Within a Week
Chongqing, CN – August 26, 2020 – China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) (“PLIN” or the “Company”), an emerging growth company engaged in the food processing business, today announced that its controlled subsidiary Chongqing Ji Mao Cang Feed Co., Ltd. (“JMC”) has completed approximately USD 5 million in sales of soybean meal between within […]
China Xiangtai Food Co., Ltd. Launches Hot Pot Restaurant Business
The Company aims to open 200 hot pot franchisees by the end of 2021 Chongqing, CN – August 13 2020 – China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) (“PLIN” or the “Company”), an emerging growth company engaged in the food processing business, today announced that it plans to launch a hot pot franchise business […]
China Xiangtai Food Co., Ltd. Expands Hog Breeding Business in Guangxi Province
Chongqing, China – July 22, 2020 – China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) (“Xiangtai” or the “Company”), an emerging growth company engaged in the food processing business, today announced that the Company, through its primary operating subsidiary Chongqing Penglin Food Co. Ltd., has entered into a lease agreement (the “Agreement”) to expand hog breeding business in Guangxi […]
PLIN Provides Update on Current Business Operations
New York, NY – May 27, 2020 – China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) (“Xiangtai” or the “Company”), an emerging growth company engaged in the food processing business, today provided a business update and reported on recent corporate developments. The Company noted that the U.S. Senate passed the Holding Foreign Companies Accountable Act, […]
Global Protein Ingredients Market Could Exceed USD $70 Billion By 2025
Palm Beach, FL – May 6, 2020 – The global protein ingredients market size is projected to grow from USD $49.8 billion in 2019 to USD 70.7 billion by 2025, at a CAGR of 6.0% through 2025. Plant-based protein ingredients are produced from crops such as wheat, canola, pea, and soy. Soy protein market has […]
China Xiangtai Food Co., Ltd. Enters into Definitive Agreement to Acquire Controlling Interest in Chongqing Ji Mao Cang Feed Co., Ltd.
Anticipated Annualized Revenue of $170,000,000 by Expanding into China’s Southwest Market Chongqing, China – April 3, 2020 – China Xiangtai Food Co. Ltd. (NASDAQ: PLIN) (“Company” or “PLIN”), an emerging growth company primarily engaged in pork processing in China, today announced that the Company, through its subsidiary Chongqing Jinghuangtai Enterprise Management Consulting Co., Ltd., […]
China Xiangtai Food Co., Ltd. Enters into MOU to Acquire Controlling Interest in Chongqing Ji Mao Cang Feed Co., Ltd.
Expected Increased Revenue of $70,000,000 USD to Expand China’s Southwest Market Chongqing, China – March 26, 2020 – China Xiangtai Food Co. Ltd. (NASDAQ: PLIN) (the “Company” or the “PLIN”), an emerging growth company primarily engaged in pork processing in China, today announced that the Company, through its subsidiary Chongqing Jinghuangtai Enterprise Management Consulting […]
China Xiangtai Food Co., Ltd. Launches Online Order Service to Satisfy Residents’ Food Demand
Chongqing, China – February 27, 2020 – China Xiangtai Food Co. Ltd. (NASDAQ: PLIN) (the “Company” or the “PLIN”), an emerging growth company primarily engaged in pork processing in China, today announced that the Company has launched online ordering service to communities in Chongqing, China where residents have limited outdoor access to food purchase due to the implemented […]