Fengyuan Biochemistry: Part of the production line is discontinued

Huaihe River recently experienced the second largest river basin flood since 1954, which has had a great impact on the operation and production of listed companies along the riverToday, Fengyuan Biochemical (000930) announced that the company lysine and MSG production part of the work section of serious flooding, the company research decided to temporarily stop the production of lysine and MSGFengyuan Deputy General Manager of Biochemistry, Dong Mi Wang Dewen told reporters, "The company lysine and MSG production part of the work section is very close to the Huaihe River, only across a road, 10-20 meters away." Due to the low level of division of labor in the Ministry, coupled with days of heavy rain, has been serious flooding, some machinery and equipment soaked in waterLysine and MSG production using the assembly line, so the company had to suspend production, but also just in time for production equipment testing and maintenance, in order to resume production to prepare fullyin addition, the market competition for lysine and MSG products is high, and the sharp rise in corn prices has led to a sharp increase in production costs, which has also prompted the company to make the decision to stop productionWang Dewen also introduced: "Because the soaked production equipment company has been insured for the corresponding property insurance, the company is actively contacting the insurance company claims matters." He said the flooding had little impact on the company's profitsThe company's amino acid products in 2006 to achieve sales revenue of 446 million yuan, accounting for 10.14% of the company's main business revenue, gross margin of 2.39%, the production stoppage of the company's profit impact is small"At present, the company in addition to lysine and MSG production lines suspended production, other production lines are normal production, fuel ethanol production line due to high terrain, no floodingThe board of directors and management of the company will do their utmost to resolve the difficulties encountered by the company in the shortest possible time and to resume production of lysine and MSG production linesWang Said saidthe recent heavy rains in the Huaihe River Basin, the Huai River appeared in danger of flooding, anhui along the Huaihuai North and parts of southern Fujian flood disasterCheng Tianlong, deputy director of the Office of the State Flood Control and Drought Relief Headquarters, said yesterday that the Huaihe River has experienced the second major flood in the basin since 1954, the water level in the middle and lower reaches of the Huaihe River main stream is rising rapidly, the main control stations have exceeded the warning level in an all-round way, the super-police range is 2.05 meters-3.49 meters, the flood control situation is very seriousAccording to statistics from theGeneral Office of Prevention and Control, the flood process has caused 1808 thousand hectares of crops along the Huaihe River, Anhui and Jiangsu provinces, 528 thousand hectares, 17.46 million people affected by the disaster, 317,000 collapsed houses, direct economic losses of 7.44 billion yuan, there are no casualties reportedin addition, a total of 224 dangerous situations occurred in the main tributaries of the Huaihe River in Henan and Anhui provinces, and there were no major hazards on the main embankment of the Huaihe main streamHuaihe River recently experienced the second largest river basin flood since 1954, which has had a great impact on the operation and production of listed companies along the riverToday, Fengyuan Biochemical (000930) announced that the company lysine and MSG production part of the work section of serious flooding, the company research decided to temporarily stop the production of lysine and MSG Fengyuan Deputy General Manager of Biochemistry, Dong Mi Wang Dewen told reporters, "The company lysine and MSG production part of the work section is very close to the Huaihe River, only across a road, 10-20 meters away." Due to the low level of division of labor in the Ministry, coupled with days of heavy rain, has been serious flooding, some machinery and equipment soaked in water Lysine and MSG production using the assembly line, so the company had to suspend production, but also just in time for production equipment testing and maintenance, in order to resume production to prepare fully in addition, the market competition for lysine and MSG products is high, and the sharp rise in corn prices has led to a sharp increase in production costs, which has also prompted the company to make the decision to stop production Wang Dewen also introduced: "Because the soaked production equipment company has been insured for the corresponding property insurance, the company is actively contacting the insurance company claims matters." He said the flooding had little impact on the company's profits The company's amino acid products in 2006 to achieve sales revenue of 446 million yuan, accounting for 10.14% of the company's main business revenue, gross margin of 2.39%, the production stoppage of the company's profit impact is small 　　"At present, the company in addition to lysine and MSG production lines suspended production, other production lines are normal production, fuel ethanol production line due to high terrain, no flooding The board of directors and management of the company will do their utmost to resolve the difficulties encountered by the company in the shortest possible time and to resume production of lysine and MSG production lines Wang Said said the recent heavy rains in the Huaihe River Basin, the Huai River appeared in danger of flooding, anhui along the Huaihuai North and parts of southern Fujian flood disaster Cheng Tianlong, deputy director of the Office of the State Flood Control and Drought Relief Headquarters, said yesterday that the Huaihe River has experienced the second major flood in the basin since 1954, the water level in the middle and lower reaches of the Huaihe River main stream is rising rapidly, the main control stations have exceeded the warning level in an all-round way, the super-police range is 2.05 meters-3.49 meters, the flood control situation is very serious According to statistics from the General Office of Prevention and Control, the flood process has caused 1808 thousand hectares of crops along the Huaihe River, Anhui and Jiangsu provinces, 528 thousand hectares, 17.46 million people affected by the disaster, 317,000 collapsed houses, direct economic losses of 7.44 billion yuan, there are no casualties reported in addition, a total of 224 dangerous situations occurred in the main tributaries of the Huaihe River in Henan and Anhui provinces, and there were no major hazards on the main embankment of the Huaihe main stream (name)