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China Yingxia Buys Soybean Lines

March 28, 2008: 12:00 AM EST
China Yingxia International, Inc. is investigating the purchase of six soybean production lines from King International Food Corporation Limited (King), a Sino-Australian joint venture. CYXI has spent $4 million buying production equipment, technical know-how and marketing resources from King, and is in the final stages of buying the production lines.
"China Yingxia International Announces Soybean Milk Production Lines Acquisition", Reuters, March 28, 2008, © Thomson Reuters 2008
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