In May 2022, DXN’s China subsidiary divested its 80% share in Florin Fujian to Fujian Anxi for 58.66 million renminbi or RM38.1 million.
In May 2022, DXN Corp divested its 80% share in Florin Integrated Agricultural Science and Technology Co Ltd to Fujian Anxi for 58.66 million renminbi payable in instalments. Fujian Anxi had taken possession of the official seals of Florin Fujian and its wholly-owned subsidiary Anxi Gande Foluohua Integrated Agricultural Science and Technology Co Ltd.
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