Hengshun Vinegar Industry's 30,000-ton Brewed Vinegar Expansion Project Officially Commences Production, Strengthening Layout in Northern Market

(News Report) Jiangsu Hengshun Vinegar Industry Co., Ltd. (Stock Code: 600305, hereinafter referred to as “Hengshun Vinegar”) announced on March 17th that the “Annual Production of 30,000 Tons of Brewing Vinegar Expansion Project” funded by a private placement of A-shares in 2021 has been completed and has recently begun official production.

The announcement states that the project was built and implemented by Hengshun Vinegar’s wholly-owned subsidiary, Shanxi Hengshun Lao Chen Vinegar Co., Ltd. After the project is operational, it will effectively enhance the company’s vinegar supply capacity in the northern market, help further expand market share, and play a strategic role in consolidating the company’s industry position and achieving sustainable development goals.

As a leading enterprise in China’s vinegar industry, the commissioning of Hengshun Vinegar’s expansion project is regarded by industry insiders as an important move to deepen regional market layout and optimize production capacity structure. By establishing a production base in Shanxi, the company can better serve the northern consumer market, reduce logistics costs, and improve product competitiveness.

However, the company also noted in the announcement that it will take some time for the project to reach full capacity. Future operating performance will be affected by market demand fluctuations, product sales price volatility, raw material price changes, and other factors, which carry certain uncertainties. The company urges investors to pay attention to related risks and invest cautiously.

Hengshun Vinegar stated that it will continue to monitor the production and operation of the project, actively respond to market changes, ensure the project achieves expected benefits, and lay a solid foundation for the company’s long-term development.

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