Dabei Agriculture announced yesterday that in order to rationalize the use of raised funds to increase the efficiency of the use of raised funds, and under the premise of ensuring funding requirements for fund-raising projects, the company will accelerate the progress of investment in projects under construction and new projects. The company plans to apply for funds from over-raised funds. RMB 100 million was used for five new projects. The specific use plan was: Hubei Huazhong Seed Industry Technology Co., Ltd. production base project, Xinjiang Dabei Agricultural 60,000 tons pig feed project, Maoming Dabei Agriculture 180,000 tons pig feed project, Sanming Dabeiong 180,000 tons pig feed project, Longyan Wuping 180,000 tons feed project.

Dabeiong said that the above five projects, the company's fund-raising projects and the projects that were announced on May 28 of this year with super-raised funds, belonged to a series of investment plans under the same strategic layout, including Hubei Huazhan Seed Industry Production Base. It is the key layout of golden Nonghua rice seeds radiating mid-lower reaches of the middle reaches of the Yangtze River, the early-late rice region, and the South China rice area. The other five projects are the company’s plans to promote the development of premixes, high-grade teaching materials, preservation materials and sucker feed in the new era. One of the major initiatives. The above five projects are all based on expansion of the company's main business, and have not entered new industries. Moreover, the new projects have higher technological content. The proportions of super hybrid rice seeds, cull materials, nursery materials, and baby pigs are relatively high. , has a certain degree of competitive advantage. After the project is completed and completed, the processing capacity of rice seeds can be increased by 7.5 million kilograms in the normal business year, and the production capacity of teaching materials, nursery materials and sucker pigs will be 200,000 tons, and the production capacity of other pigs' compound materials will be 150,000. Ton.