The three major projects of Gao group have been put into operation for landing capital market

Securities Times reporter Huangting Industrial mushroom Leading enterprise Shanghai High Banyan Group yesterday announced that its 2010 investment in the three major new projects have been put into production recently. After putting into production, the group factory of Flammulina Velutipes Nissan reached 123 tons, the overall factory of edible fungus Nissan 143 tons, the production capacity of the industry leading position. Yang Yongping, the company's chairman, said in an interview with the Securities Times reporter that by 2015, the company will realize Nissan edible fungus 400 tons, annual production capacity of 140,000 tons of edible fungi target.　　The company has been actively preparing for landing in the capital market, planning to land a-share market within two years. Gao Group formerly known as Shanghai High Yung Food Co., Ltd., founded in 1995, headquartered in Shanghai Fengxian Modern Agricultural Park, after 15 years of development, has been the traditional preservation of vegetable export plant processing enterprises into the production of industrial edible fungi of modern bio-agriculture leading enterprises.　　2009, Shanghai High Banyan Group was formally incorporated. It is understood that compared with traditional agricultural cultivation of edible fungi, industrialized edible fungi production in the solution of food safety problems, saving land resources and labor resources have a great advantage.　　Gao Group to Corn cob, wheat bran, rice bran, etc. as the main production of raw materials, in the production process without any use of pesticides and chemicals, its product pollution rate of 3 consecutive years of control in 0.01%, biological conversion rate of up to 130%, far higher than the traditional planting of about 60% of the biological conversion rate. Factory edible fungus production has become the core industry of the development of high Banyan Group in recent years. February 28, the company invested 150 million Nissan 20 tons of Crab mushroom project in Shanghai Fengxian Shanghai High Banyan Biotechnology Co., Ltd. was completed and put into production, making the company's crab mushroom production capacity in the country ranked first, at the same time the company is the only liquid species to produce crab mushroom enterprises. Also located in Shanghai Fengxian investment of 150 million yuan Nissan 40 tons of mushroom project has been capped, this May will be put into production.　　In addition, the recent production of 40 tons of Flammulina Velutipes project in Chengdu, the project is also the largest factory in the Southwest Edible Mushroom Project. In recent years, the factory mushroom industry in China's annual growth rate of more than 10%, Gao group in recent years, the growth rate reached 100%. In this respect, Chairman Yang Yongping said that at present in Europe, the factory production of edible fungi accounted for more than 98%, while China's industrialized edible fungi production accounted for only 2%, belong to the new bio-agriculture industry, there is a huge future development space. 2010, the company's products average gross profit margin of 50% to 55%, net profit margin of about 35%, net profit more than 50 million yuan. In the next 3-5 years, the Gao group will achieve many varieties and multiple regional development strategies while pursuing its scale. On the one hand, further expand the variety of edible fungi, the development of crab mushrooms, Agaricus bisporus, dance mushrooms and other edible fungi products; On the other hand, in the layout of east, northeast and southwest, the strategic layout to South China and central region.　　By 2015, the Gao group will realize the target of 400 tons of edible mushroom and 140,000 tons of edible fungus annually. Yang Yongping to the plan to land capital markets. Hesaid that in 2010, the company has completed a series of asset restructuring, the goal of landing capital markets is firm, this year is expected to introduce new strategic investors. Smoothly, the company will be listed in a shares within two years.