Dacheng Foods (03999) issued an announcement. After the bidding process, on January 24, 2024, Bengbu Dacheng (public...
Zhitong Finance App News, Dacheng Food (03999) issued an announcement. On January 24, 2024, Bengbu Dacheng (the company's indirect wholly-owned subsidiary) signed a construction agreement with the contractor (winning bidder). The contractor will provide Bengbu Dacheng with a cost of RMB 40.98 million (equivalent to about HK$446.682 million) to Bengbu Dacheng's construction project (the Group's new food processing plant in Guzhen County, Bengbu City, Anhui Province, China), including a food processing plant in Guzhen County, Bengbu City, Anhui Province, China Room decoration and mechanical and electrical installation works Construction services.
To establish a stable and efficient supply chain system for the long-term development of the Group's food business and further consolidate the Group's market position in the Yangtze River Delta region of China, the Group plans to build a new plant in Bengbu City, Anhui Province. This Bengbu project is an important part of the expansion of the Group's one-stop food industry chain.
The group will build a food processing plant in the Bengbu project, including the construction of factory buildings and cold storage, and will also purchase and install equipment related to refrigeration and air conditioning systems for its operation and use. The above construction projects and installation of related equipment have all been completed. The construction project disclosed in this announcement is part of the Bengbu project. The Group will renovate the factory building of the food processing plant mentioned above and carry out mechanical and electrical installation work through the construction agreement. The Bengbu project is an important part of the large-scale expansion of the Group's one-stop food industry chain and is in line with the Group's long-term development strategy. The completion of the Bengbu project will help establish a stable and efficient supply chain system for the long-term development of the Group's food business and further consolidate the Group's market position in the Yangtze River Delta region of China.