Angie Yeast: Yichang High-tech Zone Company has implemented the second phase of the Baiyang Biotechnology Park project with a total investment of 797 million yuan.
Angel Yeast Announcement: In order to increase the company's yeast protein production capacity and meet the growing market demand, Yichang High-tech Zone Company plans to implement the Baiyang Bio-technology Park Project Phase II. The total investment amount of the project is 797 million yuan, and it is expected to be completed and put into operation in two phases in the first half of 2027 and the first half of 2028. The funds required for the project will be self-financed by Yichang High-tech Zone Company. The project has completed the preliminary feasibility study, and has been approved by the company's board of directors. The project still needs to be approved by the company's shareholders' meeting and relevant departments. The project implementation is in line with the company's "15th Five-Year Plan" strategic direction, and will help enhance the company's sustainable profitability and overall competitiveness.
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