Angel Yeast: plans to invest 2.32 billion yuan to implement an intelligent manufacturing project.
Anqi Yeast announced that its Liuzhou company plans to implement the intelligent manufacturing project of yeast extract compound with an investment amount of 230 million yuan. The main content of the project is the production line of yeast extract compound and supporting facilities, with the construction site being a newly purchased plot of land opposite the Liuzhou company's plant. The project construction period is 12 months, with an expected start date in March 2026, and an estimated investment return rate of 9.23%. The funds required for the project will be self-raised by the Liuzhou company, including various forms of self-owned funds and loans. The project has been reviewed by the company's board of directors, and still needs to be submitted for approval by the shareholders' meeting and relevant departments.
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