Consumer Staples Aug 03, 2021 04:28 PM (GMT+8) · EqualOcean
Jiaheng Jiahua announced that Huzhou Jiaheng Industrial Co., Ltd. ("Huzhou Jiaheng"), a wholly-owned subsidiary of the company, recently signed the investment cooperation agreement for investment promotion projects in Nanxun district with the people's Government of Lianshi Town, Nanxun District, Huzhou City. The company invests in the construction of cosmetics and home care product production bases in the south of rujiadian road and the east of three high connection lines in Lianshi high tech park, Huzhou City. The total investment of the project is expected to be no less than 680 million yuan. After the project is put into operation and effective, it is expected to achieve an annual output value of no less than 700 million yuan and a tax of no less than 41.5 million yuan.