Dentons Biochemical 5 billion plant construction, tens of millions appeal infringement cases

Yu Yongqi, senior manager ofDacheng Biochemical Enterprise Development, revealed that Dentons is now building a new production base in stages in Changchun Xinglong, five years after the treatment of corn production capacity can reach 1.7 million tons, polyol chemical industry reached 1 million tons, of which corn treatment plant 1 million tons, I believe that can be invested in the first half of next year, the total investment of 5 billion yuan, of which 1.5 billion to pay for internal resources, the rest of the bank loansCo-Chairman Liu Xiaoming added that the above-mentioned silver loans have basically been implemented, the first half of the year has invested more than 750 million yuan, the company has no need to raise fundsAs for the Group's first-half corn purchase price of 1510 yuan per ton, up 4% year-on-year, the second half of the performance is expected to continue the momentum of the first half of the yearspent tens of millions of dollars on appeals related to lysine product infringement
asked about three registered patent infringement cases in the Hague District Court, and in August last year the company was banned from importing and trading lysine products in the Netherlands, involving allegedly infringing lysine products, Yu said the group had appealed the ruling, but only to learn the specific timetablehe also pointed out that the above-mentioned case and another case involving an infringement investigation had resulted in an increase of tens of millions of dollars in other expenses to the companyYu Yongqi, senior manager of biochemical enterprise development in Dentons,, revealed that Dentons is now building a new production base in stages in Changchun Xinglong, five years after the processing corn production capacity can reach 1.7 million tons, polyol chemical industry reached 1 million tons, of which the corn treatment plant 1 million tons, I believe that can be invested in the first half of next year, the total investment of 5 billion yuan, of which 1.5 billion in internal resources to pay, the rest of the bank loansCo-Chairman Liu Xiaoming added that the above-mentioned silver loans have basically been implemented, the first half of the year has invested more than 750 million yuan, the company has no need to raise fundsAs for the Group's first-half corn purchase price of 1510 yuan per ton, up 4% year-on-year, the second half of the performance is expected to continue the momentum of the first half of the yearspent tens of millions of dollars on appeals related to lysine product infringement
asked about three registered patent infringement cases in the Hague District Court, and in August last year the company was banned from importing and trading lysine products in the Netherlands, involving allegedly infringing lysine products, Yu said the group had appealed the ruling, but only to learn the specific timetablehe also pointed out that the above-mentioned case and another case involving an infringement investigation had resulted in an increase of tens of millions of dollars in other expenses to the company(name)