On September 21st, Mondelez International announced that it had signed an agreement with Enxi Village (Shanghai) Industrial Co., Ltd. (hereinafter referred to as "Enxi Village") to significantly increase its equity investment in Enxi Village. This investment is another important move by Mondelez International in its investment in China, which means that Mondelez International will further expand its business in China and make another important contribution to the frozen baked goods industry in the Chinese market.