This article only represents the author's own views.
On Sept. 23, Shanghai-listed Guirenniao Co. Ltd. (603555.SH), once a leader in China’s increasingly competitive sportwear market, raised some eyebrows when it published an announcement of a major strategy shift.
“The company will seize on a national strategic opportunity presented by a comprehensive revitalization taking place in a new era for Northeast China, taking the grain business as its main future development thrust,” it said.
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