Guoquan Food Announces Plan to Build RMB490 Million Food Production Base in Hainan

Reuters
07/01
Guoquan Food Announces Plan to Build RMB490 Million Food Production Base in Hainan

Guoquan Food (Shanghai) Co., Ltd. has announced its intention to invest in the construction of a new food production base in Danzhou, Hainan Province. The project is estimated to require an investment of approximately RMB490 million, although this figure may be adjusted based on specific circumstances. The initiative is part of the company's long-term strategic development objectives and aims to enhance its industrial ecosystem engagement. By establishing this production base, Guoquan Food plans to expand its geographical coverage, facilitating business development. The company has cautioned shareholders and potential investors that the investment may or may not materialize and will issue further announcements as necessary.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guoquan Food (Shanghai) Co. Ltd. published the original content used to generate this news brief on July 01, 2025, and is solely responsible for the information contained therein.

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