Dongling grain and oil to invest about 340 million yuan to build soybean processing production line

NetEase Finance November 11 dongling grain and oil Thursday evening issued a notice said, in order to expand the company's soybean processing scale and market share, to invest about 340 million yuan construction and construction of Nansha production base of the second 5000 tons/day soybean processing production line and ancillary projects.　　Dongling Grain and Oil Board considered the adoption of the "investment in the construction of Nansha production base of the second 5000 tons/day soybean processing production lines and ancillary projects of the motion", will add a 5000 tons/day soybean processing pretreatment, leaching production lines, supporting silos, boiler rooms, distribution equipment and so on. The announcement shows that the project site for the construction of Guangzhou South Sandy Town, Xin ' an industrial park, Guangzhou sik Yuan Oil Industrial Co., Ltd., covers an area of about 45000 square meters, by the company's wholly-owned subsidiary Guangzhou Sik Yuan Oil Industrial Co., Ltd. implementation of the construction,　　The total investment of fixed assets is estimated to be about 340 million yuan, the source of funds is the company's self-financing and bank loans. Dongling grain and Oil said that the project to the postpartum, the company can add 1.5 million tons of soybean processing capacity each year, unit costs have been reduced, operational efficiency and capital efficiency significantly improved, the company's comprehensive strength greatly enhanced. In addition, the project is expected to loan 260 million yuan for new projects.