Zhanjiang Newpro Foods Receives a US$6.5 Million Funding Round from CNEI (Asia)

Source: China New Enterprise Investment

China-focused growth capital fund manager China New Enterprise Investment (CNEI) has invested US$6.5 million in Zhanjiang Newpro Foods, a China-based prawn farming and processing company. Newpro sells larvae and baby prawns to cultivators and farmers in China and processed prawn products to distributors and wholesalers in both export and domestic markets. CNEI first invested US$9.7 million in the company in July 2013.