CNEI Invests US$10.5 Million in Qinghai Weide Special Sugar (Asia)

Source: China New Enterprise Investment

China-focused growth capital fund manager China New Enterprise Investment (CNEI) has invested US$10.5 million in China-based Qinghai Weide Special Sugar, a producer of inulin and fructooligosaccharide, two prebiotics and dietary fiber products that are used in baby formula, drinks, food, animal feed, cosmetics and personal care products. CNEI’s investment will help Weide develop better planting and production techniques and upgrade its production facilities.