Is New Hope sold to China Agricultural Group? Is it true?/You don't say.

It was sold to China Animal Husbandry Group, which is true.

According to official website, the China Business Daily, New Hope sold 5 1% equity of its subsidiary Zhongxin Food to Zhongmu Group, a central enterprise. After the completion of the transaction, New Hope received 2.7 billion yuan, and Zhongmu Group became the controlling shareholder of Sino-Singapore Food. New Hope Liuhe has successively transferred two subsidiaries. After the equity transfer transaction of the two subsidiaries is completed, New Hope will receive 4.2 billion yuan.