Angel Yeast expands global production with new strategic investments
Angel Yeast Co., Ltd. is undertaking several strategic projects to boost production capacity and market presence. The company plans a 60,000 tons per annum flexible intelligent manufacturing and ancillary project for food raw materials at its industrial park factory, with an investment of yuan 215.24m and a projected completion in February 2026. This project aims to meet "15th Five-Year Plan" market demands and ensure food raw material supply.
Concurrently, the company's Russian subsidiary, Angel Yeast (Russia) LLC, will increase its registered capital and implement a 22,000 tons per annum yeast production line expansion project. This expansion, costing yuan 1,062.26m, is scheduled for completion in the first half of 2026 and will significantly boost overseas yeast product supply. Both projects were approved by the board and are subject to shareholder approval.
Additionally, Angel Yeast (Dehong) Co., Ltd. will invest yuan 73m to upgrade yeast production, aiming for an 8,000 tons per year dry yeast capacity by late 2026. Angel Yeast (Sui County) Co., Ltd. will invest yuan 35.01m in a functional yeast enhancement project. The company also acquired land use rights in Binzhou for yuan 16.50m and is implementing a yeast extract compound intelligent manufacturing project in Liuzhou.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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