中文

Da Bei Nong Group to expand scale with 600 million RMB
www.ch-agri.com  | Published:2012-03-02 15:3:57  | Browse:3061

Due to a tight supply of feed for pig, Da Bei Nong Group launched a 600-million-RMB-investment plan in recent days, 318 million RMB of which will be used to accomplish the acquisition, building or expanding of production lines in five different cities, including Shenyang, Kiamusze, Chongqing, Yichun of Jiangxi province, Chifeng of Inner Mongolia. Another 300 million RMB will be spent constructing a biomedical industry base in Beijing.

 

 

According to the plan, Da Bei Nong Animal Husbandry Technology Co, Ltd., a subsidiary of Da Bei Nong Group, will pruchase Shengyang Yingda Technology Co, Ltd., for 38 million RMB, which is capable of producing 60,000 tons of feed annually. With the acquisition finished, a total of 93.78 million RMB will be invested to expand the existing production capacity to 240,000 tons of compound feed per year.

 

 

Other investments include 53.93 RMB for establishment of a pig feed production line with a capacity of 12,000 tons per year in Kiamusze; 65.66 million RMB for a 18,000 tons of pig feed production line in Chongqing city; a 12,000-ton production line in Yichun city and Chifeng city, respectively.



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