The Goldfields stations cover more than 1.2 million hectares where wild dogs have made it impossible to run sheep.
It is estimated Shanghai CRED may have picked up the nine vast pastoral leases and 14,000ha of farmland near Marvel Loch for about $25 million, including the $8.75 million it paid Buru Energy for Yakka Munga this year.
An aerial muster at Yakka Munga Station in the Kimberley. Picture: Supplied
The stations are thought to carry fewer than 20,000 cattle in total. Shanghai CRED plans to boost stock through investment in infra
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