June 18 (NBD) -- Yonghui Superstores Co Ltd ("Yonghui", 601933.SH) plans to buy 16 million shares of black swine breeding enterprise Xiangcun High-Tech Agriculture Co., Ltd.(NEEQ: 835920) for 216 million yuan (33.6 million U.S. dollars) and will hold a 9.93 percent share capital in the latter after the stock issuance, the Chinese supermarket chain operator said in a filing last Friday.

In another deal, Yonghui is to acquire 16 million shares of aquatic product distributor Fujian Minwell Industrial Co., Ltd. (NEEQ: 871927) for 67.2 million yuan (10.5 million U.S. dollars) equivalent to a 19.69 percent share capital of Minwell after the stock issuance. 

The deals can help Yonghui Superstores develop a distinctive fresh food supply chain. 

It is noteworthy that Xiangcun was delisted from the National Equities Exchange and Quotations (NEEQ) last November so as to get listed on the Main Board.

Email: lansuying@nbd.com.cn