Xinghu Technology (600866.SH) announced that the company plans to invest in the construction of 600,000 tons of corn for deep processing and supporting cogeneration...
Zhitong Finance App News, Xinghu Technology (600866.SH) announced that the company plans to invest in the construction of 600,000 tons of corn deep processing and supporting cogeneration projects (hereinafter referred to as the “project”), with an estimated total investment of 3,712 billion yuan, of which the supporting cogeneration project is about 1 billion yuan.
According to reports, the company has now become a leading enterprise in the domestic amino acid industry. As the country implements a soybean meal reduction policy, the application of small varieties of amino acids in feed is on the rise, and market demand potential is increasing. The company plans to invest in a new 600,000-ton corn deep processing project to increase the production capacity scale of small varieties of amino acids, enrich the variety of products, improve the product structure, and consolidate the company's position in the industry.