120,000 tons of glutamate production line to form a scale advantage

morning news of the new issue has been updated, the four companies will be subject to the Audit Committee's reviewIndicates that the issuance of new shares is showing signs of acceleratingCoupled with factors such as large non-reduction, the second half of the financial side will pose substantial pressureTechnically above, the current Shanghai Composite Index in the test of the 60-day moving average support strength, it is expected that at this point will inevitably competeOverall, after the plunge, the market short-term to do more momentum began to gradually coalesce, the rebound market is expected to start, investors can properly grasp the short-term opportunities of individual stocks and sectors, such as the recent index did not hit a new low, many stocks have fallen in a row since the end of May slump edalet lowOne of the Ronghua Industrial over-fall serious, can be short-term attentionRonghua Industrial (600311): The company is located in China's well-known corn production base Hexi Corridor, is the largest corn starch deep processing enterprises in the western region, with an annual output of hundreds of thousands of tons of corn starch production capacity, by the national policy focus on supportThe company is mainly engaged in corn as raw materials for agricultural products processing industry, the industry in line with the national development of the rural economy, improve farmers' income policyAs the company has been around the main industry for investment and development, the company has a solid industrial baseIn terms of taxation, in addition to the existing starch by-products exempt from VALUE-added tax, as one of the country's 151 leading agricultural industrialization leading enterprises, the company enjoys preferential policies in income taxcompany based on the northwest grain production base, take starch deep processing as the main industry of the professional operation road, according to the characteristics of corn starch products and production to achieve multi-species, serial ized operation, and continuously improve the product science and technology content and added value, to the scale of the economy of corn starch to drive the scale of the deep processing products economy, further improve the scale of products, expand product market share, become the domestic industry ranked in the forefront of starch deep processing professional enterprisesIn 2007, the company plans to adjust the funds raised, will produce 10,000 tons of lysine production line and annual output of 40,000 tons of lysine production line, plus the original annual output of 30,000 tons of glutamate project, the total conversion to an annual output of 120,000 tons of glutamate production line projectBecause of the large amount of wastewater produced in the process of producing glutamate, with the increasingly strict requirements for wastewater treatment in coastal areas, MSG plants in coastal areas have stopped producing glutamate and are purchasing to the northwest and northeast regions insteadThe company already has the capacity to treat 106.92 million tons of high-concentration organic wastewater and produce 180,000 tons of organic compound fertilizer, which will be in a favorable position in the future competitionThe retrofits of the glutamate project are scheduled to be completed in August 2007 and are scheduled to complete the production and sales of 200,000 tons of starch and 30,000 tons of glutamate in 2007Renovation of 120,000 tons of glutamate production line will maximize the concentration of corporate resources, better form the scale advantage, greatly enhance the company's future core competitiveness, the project reached the post-partum, annual sales revenue of 1.088 billion yuan, new after-tax profit of 95.9 million yuan, so that the company's production and operation situation has changed a lot
the morning of the news of the issuance of new shares has the latest progress, the four companies will be subject to the audit of the CommissionIndicates that the issuance of new shares is showing signs of acceleratingCoupled with factors such as large non-reduction, the second half of the financial side will pose substantial pressureTechnically above, the current Shanghai Composite Index in the test of the 60-day moving average support strength, it is expected that at this point will inevitably competeOverall, after the plunge, the market short-term to do more momentum began to gradually coalesce, the rebound market is expected to start, investors can properly grasp the short-term opportunities of individual stocks and sectors, such as the recent index did not hit a new low, many stocks have fallen in a row since the end of May slump edalet lowOne of the Ronghua Industrial over-fall serious, can be short-term attentionRonghua Industrial (600311): The company is located in China's well-known corn production base Hexi Corridor, is the largest corn starch deep processing enterprises in the western region, with an annual output of hundreds of thousands of tons of corn starch production capacity, by the national policy focus on supportThe company is mainly engaged in corn as raw materials for agricultural products processing industry, the industry in line with the national development of the rural economy, improve farmers' income policyAs the company has been around the main industry for investment and development, the company has a solid industrial baseIn terms of taxation, in addition to the existing starch by-products exempt from VALUE-added tax, as one of the country's 151 leading agricultural industrialization leading enterprises, the company enjoys preferential policies in income taxcompany based on the northwest grain production base, take starch deep processing as the main industry of the professional operation road, according to the characteristics of corn starch products and production to achieve multi-species, serial ized operation, and continuously improve the product science and technology content and added value, to the scale of the economy of corn starch to drive the scale of the deep processing products economy, further improve the scale of products, expand product market share, become the domestic industry ranked in the forefront of starch deep processing professional enterprisesIn 2007, the company plans to adjust the funds raised, will produce 10,000 tons of lysine production line and annual output of 40,000 tons of lysine production line, plus the original annual output of 30,000 tons of glutamate project, the total conversion to an annual output of 120,000 tons of glutamate production line projectBecause of the large amount of wastewater produced in the process of producing glutamate, with the increasingly strict requirements for wastewater treatment in coastal areas, MSG plants in coastal areas have stopped producing glutamate and are purchasing to the northwest and northeast regions insteadThe company already has the capacity to treat 106.92 million tons of high-concentration organic wastewater and produce 180,000 tons of organic compound fertilizer, which will be in a favorable position in the future competitionThe retrofits of the glutamate project are scheduled to be completed in August 2007 and are scheduled to complete the production and sales of 200,000 tons of starch and 30,000 tons of glutamate in 2007Renovation of 120,000 tons of glutamate production line will maximize the concentration of corporate resources, better form the scale advantage, greatly enhance the company's future core competitiveness, the project reached the post-partum, the annual increase in sales revenue of 1.088 billion yuan, new after-tax profit of 95.9 million yuan, so that the company's production and operation situation has changed a lot
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