The development of double sinks to implement the 8 total investment of pig slaughter 2.185 billion

NetEase Finance November 12 News of the development of double sinks Friday Evening announced that the company intends to be in Nanning, Shanghai, Wuhu, Weifang, Changchun, Shenyang, Henan Jiyuan, Zhejiang Jinhua Investment in the construction of pig slaughter, meat processing and commercial pig farming eight projects, the total investment 2.185 billion. The development of double sinks indicates that, in order to further enlarge and strengthen the company's main business, improve the company's industrial layout throughout the country, improve the market share and competitiveness of dual-sinks products, according to the company's "Twelve-Five" development plan, the company's board of Trustees to consider the adoption of the "investment in the construction of a new project," proposed in Guangxi Nanning, Shanghai, Anhui Wuhu, Shandong Weifang , Jilin Changchun, Liaoning Shenyang, Henan Jiyuan, Zhejiang Jinhua Investment in the construction of pig slaughter, meat processing and commercial pig breeding project. Specific include: 1, investment set up Nanning Shuang Hui Food Co., Ltd.; 2, invest in the establishment of Wuhu Shuang Hui Food Co., Ltd. 3, investment set up Shanghai Shuang Hui da Chang Meat Processing Co., Ltd. 4, investment set up Weifang Shuang Hui Food Co., Ltd. 5, invest in the establishment of Changchun Shuang Hui Food Co., Ltd. 6, investment set up Shenyang Shuang Hui Food Co., Ltd.　　7, investment set up Jiyuan Animal Husbandry Co., Ltd. 8, Zhejiang Jinhua Shuang Hui Food Co., Ltd. relocation of the new factory. The announcement showed that the 8 projects required a total investment of 2.185 billion yuan, of which the company invested 1.21 billion yuan, Hong Kong China New Holdings Limited invested 40 million yuan, Zhejiang Jinhua Shuang Hui Food Co., Ltd. investment 935 million Yuan. All projects to the postpartum, is expected to increase the company's annual sales revenue of 19.2 billion yuan, profits and taxes 1.765 billion yuan. According to the company's constitution, the bill is still to be submitted to the general Meeting of shareholders for consideration and approval.