The acquisition of Australia Kilcoy Pastoral Company Limited (“KPC”) by New Hope Investment Co., Ltd (“New Hope”) and its strategic partners was successfully closed in December, 2013.

KPC was founded in 1953 by local beef producer Damian Kennedy and has grown to a highly specialized vendor in the grain-fed beef market in particular and the fourth largest beef processor in Australia.

Jingtian & Gongcheng participated in whole negotiations and assisted on closing as the PRC legal counsel of New Hope.