Angel Yeast Co., Ltd. (600298.SH) plans to implement the third phase of the healthy food industry park food raw materials project with an investment of 422 million yuan.

Angel Yeast Co., Ltd. (600298.SH) announced that Angel Yeast Co., Ltd. is planning to implement the third phase of the healthy food industry park food raw materials project at the factory in the company's limited company park (hereinafter referred to as the park factory), with an investment amount of 422 million yuan. The project implementation will better meet market and user needs, optimize the company's product structure, cultivate new growth poles, promote the extension of the company's yeast industry chain to high value-added sectors, enhance the company's overall competitiveness, and help the company achieve healthy development.