Muyuan Foods Denies Investigation Reports, Takes Legal Action Against False Claims
Recent Chinese media reports suggested that Muyuan Foods, a large-scale Chinese livestock and feed producer, was under investigation by regulatory authorities. In response, Muyuan Foods issued a statement denying the claims and clarifying its position, “No investigation team from these regulatory bodies has been dispatched to our company. Our production and operations remain normal,” said the company.
Muyuan Foods also addressed a separate dispute involving a transaction with its subsidiary, Nanyang Wolong Muyuan Farming Co., Ltd., another Chinese livestock and feed producer...
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