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Zhangzidao controlling shareholder to sell large stake as it struggles under debt

Chinese firm is looking to bring strategic investors in to deal with a capital shortage, after three unsuccessful attempts at private placements

By SeafoodNews.com | June 21, 2016 09:23 BST
China aquaculture rose 5.9% in 2013; abalone, sea cucumber fastest-growing
Zhangzidao Group's stand at the China Fisheries & Seafood Expo 2013
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Translated by Amy Zhong, Seafood.com News [...]

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