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Hengshun Vinegar: 30,000 Tons Annual Production Brewing Vinegar Capacity Expansion Project Put into Production
People’s Financial News, March 16 — Hengshun Vinegar Industry (600305) announced on March 16 that its 2021 A-share private placement fundraising project, the “Annual Production of 30,000 Tons of Brewing Vinegar Expansion Project,” has been completed. The project was built and implemented by the company’s wholly-owned subsidiary, Shanxi Hengshun Lao Chen Vinegar Co., Ltd., and has recently begun operation. The completion and production of this project will help the company further expand its market share of vinegar in northern China, which is of strategic importance for consolidating the company’s industry position and achieving sustainable development goals.