Tian-flavored food signed the "state-owned construction land use rights to the contract" to sell the price of 10.14 million yuan

On March 6, the company signed a written investment agreement with the Chengdu Shuangliu District People's Government on March 4, 2019, and signed a supplementary agreement on the expansion of the industrial production base of food and condiments on October 29, 2019.
announced that on March 6, 2020, the Company signed a contract with the Chengdu Shuangliu District Planning and Natural Resources Bureau for the use of state-owned construction land on the above-mentioned investment matters.
Basic situation of obtaining land use rights: land location: Chengdu Shuangliu District West Hong Kong Street Longgang Village Collective, Huangjia Street Shuanghua Community three groups;
understood that the company this time to obtain land use rights, will be used for food, condiments industrialization production base expansion project.
construction content for food, condiment production plant and storage room, display center.
When completed, the project will help accelerate the company's large-scale development, further promote the rational layout of the company's production base, help the company consolidate its position in the industry, and achieve sustainable growth in profitability, in line with the company's development strategy and the interests of all shareholders.
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