Project Name: Wuying District Hongsong Seed Processing Project
Release Date: 30th December, 2018
Investment Mode: Sole proprietorship
Industry: Food manufacturing
Location: Yichun City, Heilongjiang Province
Project validity period: One year
Total amount of project capitals: 90 million US dollars
Project Description:
Wuying Hongsong Seed is a “national geographical indication product”. The five-bearing pine forest has a distribution area of 110,000 hectares and an average annual output of 3,000 tons of Korean pine seed. The company will process a 2000-ton processing plant of Korean pine seed to produce products such as Korean pine seed oil, Korean pine protein powder and Korean pine nuts. The total investment of the project is 90 million yuan; the investment method can be sole proprietorship; the annual sales income is expected to be 120 million yuan, and the profit and tax will be 38 million yuan.
Information Source: Ministry of Commerce Public Services
