On March 10th, the group signed an “ Wellao (Cangzhou) Co.,Ltd Imported Beef Cattle Slaughter and Processing Project” investment cooperation agreement at the meeting room of Business Building with Villard Group, which is Australian leading enterprise in the area of husbandry. The chairman of the group, president Qi Jian’er, assistant president and general manager of Wellao, Lu Kanda, the president of Villard Group, Mauro Balzarini, and the director and general manager of Villard shipping company Paolo Triglia attended the signing ceremony, which marks the group has taken an important step on the way of “moderate transformation”.

Now the group grasps the historical opportunity till “ Free Trade Agreement Between China and Australia” and “ Sanitary and Phytosanitary Agreement on Imported Beef Cattle Between China and Australia” have taken into effect. Hand in hand with Australian leading husbandry enterprise Villard Group, they each invests 50% to establish a joint venture enterprise at Nandagang industrial zone, in Bohai New Area Cangzhou Hebei---Wellao (Cangzhou) Co., Ltd. It will rely on the Villard Group’s strong all-industry chain resources in the live animal operations area and Fulida Group's outstanding investment operations, to carry out Australian live cattle and beef import business, creating from “Australian pasture to Chinese dining-table” all-industry chain investment and operation platform. The investment mainly covers Australian high-quality cattle and beef resource supply, live animal ship ocean transportation, modern fattening and slaughtering base operation, cold chain sales and trading platform building four fields.

(Source: 《Fulida Newspaper》)