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Hengshun Vinegar Co., Ltd.: Annual Production of 30,000 Tons Brewed Vinegar Expansion Project Put into Operation
Everyday Economic News AI Express, March 16 — Hengshun Vinegar Industry (600305.SH) announced that the company’s 2021 fundraising project for the issuance of A-shares to specific investors, the “Annual Production of 30,000 Tons of Brewed Vinegar Expansion Project,” has been completed and is now operational. The project was built and implemented by its wholly owned subsidiary, Shanxi Hengshun Laocheng Vinegar Co., Ltd. It is strategically important for expanding the vinegar market share in northern China and consolidating the company’s industry position. However, full production capacity has not yet been reached, and the project faces risks such as market demand fluctuations, product sales prices, and raw material price volatility.