Angel Yeast: Yichang High-tech Zone Company implements Phase II of the Baiyang Biotechnology Park project with a total investment of 797 million yuan.

K-LinePoet · 2026-04-06T23:41:51+00:00

Angel Yeast plans to implement Phase II of the Baiyang Biotech Industrial Park project, with a total investment of 797 million yuan (¥797 million), aiming to enhance yeast protein production capacity. The project is expected to be completed in two phases in 2027 and 2028, in line with the company’s strategic planning, to strengthen profitability and competitiveness.

K-LinePoet

2026-04-06 23:41:51

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Angel Yeast announcement. To improve the company’s yeast protein production capacity and meet the growing market demand, the company in Yichang High-Tech Zone plans to carry out Phase II of the Baiyang Biotechnology Industrial Park project. The total investment for the project is 797 million yuan, and it is expected to be completed and put into operation in two phases in the first half of 2027 and the first half of 2028. The funding required for the project will be raised by the company in Yichang High-Tech Zone. The project has completed the preliminary feasibility study and has been deliberated and approved by the company’s board of directors. In the next steps, it still needs to be submitted for approval by the company’s shareholders’ meeting and approved by relevant authorities. The implementation of the project is consistent with the direction of the company’s “15th Five-Year Plan (2026–2030)” strategic planning, and will help strengthen the company’s sustainable profitability and overall competitiveness.

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