B · Normal
[Angel Yeast: Plans to invest 845 million yuan in a green manufacturing project of yeast products with an annual output of 20,000 tons] On September 1, Angel Yeast (600298.SH) announced that the company's wholly-owned subsidiary Kekedala Angel Yeast Co., Ltd. plans to implement a green manufacturing project of yeast products with an annual output of 20,000 tons, with an investment amount of 845 million yuan. The project plans to build a new yeast product production line with an annual output of 20,000 tons and supporting facilities. The construction period will be 20 months. Construction is expected to start in April 2027, with an investment return rate of 12%. This transaction still needs to be submitted to the company's shareholders' meeting for review and approval by relevant departments.
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