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Hengshun Vinegar: "Annual Production of 30,000 Tons Brewed Vinegar Expansion Project" Begins Material Input and Operation
Beijing Business Daily (Reporter Tao Feng, Wang Yuetong) reported that on March 16, Hengshun Vinegar Industry announced that the company’s 2021 targeted A-share stock issuance fundraising project, the “Annual Production of 30,000 Tons of Brewed Vinegar Expansion Project,” has been completed and recently started operation. The project was built and implemented by the company’s wholly-owned subsidiary, Shanxi Hengshun Laocheng Vinegar Co., Ltd. The announcement stated that the completion and commissioning of this project will help the company further expand its market share of vinegar in northern China, and is of strategic importance for consolidating the company’s industry position and achieving sustainable development goals.