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English>>Special Coverage >> Bright Food (Group) Co., Ltd.

Lv Yongjie Meets with RRJ Capital's Chairman and His Entourage

(People's Daily Online)    13:08, October 27, 2015

On the afternoon of October 21, 2015, Lv Yongjie, Secretary of the Party Committee and Chairman of Bright Food (Group) Co., Ltd. (or Bright Food for short), met with Charles Ong, Co-Chairman and Co-CEO of RRJ Capital, and his entourage. Also among those who attended the meeting were Li Lin, Chief Financial Officer of Bright Food, and officials from Bright Dairy Co., Ltd. (or Bright Dairy for short).

Chairman Lv gave a warm welcome to the delegation from RRJ Capital before introducing to them the progress Bright Food had made in running its business operations, pushing through reforms, and going global; Chairman Lv also expressed the hope that, having the benefits that would for sure materialize in the long term in mind, RRJ Capital would join forces with Bright Food to speed up the development of Shanghai Bright Holstan Co., Ltd. (or Holstan for short), a joint venture between Bright Dairy and RRJ Capital, and provide Bright Food with more help and support as the latter tried to go global.

Chairman Charles Ong said that his company's decision to invest in Holstan had been made in its own strategic interests, a worthy testament to RRJ Capital's recognition of Bright Dairy's good prospects for development and its management capability; Chairman Charles Ong also expressed the hope that, capitalizing on the success of the Holstan project, RRJ Capital and Bright Food would further strengthen their communication and cooperation in order to achieve a win-win situation for both sides.

Established in March 2011, RRJ Capital is an Asian investment firm that focuses on private equity investments in China and Southeast Asia. At present, RRJ Capital is managing nearly 10 billion dollars' worth of assets, mainly in such fields as energy, medical insurance, consumer products, and financial services. 

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Yao Chun,Bianji)

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