Zhongxing Bacteria (002772.SZ) plans to implement a factory bionic cultivation project with an annual output of 6 tons of Cordyceps sinensis for 250 million yuan

Zhitongcaijing · 10/18 12:09

Zhitong Finance App News, Zhongxing Fungi (002772.SZ) announced that Meishan Changhong Agricultural Biotechnology Co., Ltd. (“Changhong Agriculture”), a wholly-owned subsidiary of the company, plans to sign an “Investment Agreement” with the Qingshui County People's Government to invest in the establishment of Qingshui Zhongxing Bacteria Technology Co., Ltd. (The provisional name is based on the information approved and registered by the market supervision and administration department.) It also implemented the “Cordyceps sinensis Factory Bionic Cultivation Project with an annual output of 6 tons”. The total investment of the project is estimated at 250 million yuan.

The foreign investment plans to implement the Cordyceps sinensis factory bionic cultivation project. The aim is to further implement the company's “based in the northwest, facing the whole country, and going global” production base layout strategy and the “multi-variety collaborative development” planting variety development strategy, improve the company's business layout, expand business development space, enhance the company's overall competitiveness, and meet the company's strategic development plans and market needs.