Angel Yeast: Plans to invest 101 million yuan to build a 500,000-ton functional hydrolyzed sugar project.
Angel Yeast announced that its Yichang High-tech Zone company plans to invest 101 million yuan to build a new intelligent manufacturing project with an annual output of 500,000 tons of functional hydrolyzed sugar. The project has completed the preliminary feasibility study and has been reviewed and approved by the company's Strategy and Sustainable Development Committee and the board of directors. It still needs to be submitted to the company's shareholders' meeting for review and to the relevant authorities for approval.
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