Sino foreign joint venture Yihai grain and oil project settled in Shijiazhuang

Introduction: on the morning of March 16, the signing ceremony of the Sino foreign joint venture Yihai (Shijiazhuang) grain and oil deep processing project was held in Shijiazhuang The project is jointly invested and constructed by Henan grain and Oil Group Co., Ltd., Singapore Fengyi ADM Investment Co., Ltd and Shanghai Yihai Investment Development Co., Ltd Vice governor Cai Limin met with Guo Kongfeng, chairman of Singapore Fengyi ADM Investment Co., Ltd., and mu Yankui, chairman of Shanghai Yihai Investment Development Co., Ltd., and attended the signing ceremony The project is located in Shijiazhuang Economic and Technological Development Zone, with a total investment of 450 million yuan, and is carried out in two phases Phase I investment is 200 million yuan, including 140 million yuan invested by foreign parties, accounting for 70% of the shares; 40 million yuan invested by provincial grain and oil group, accounting for 20% of the shares; 20 million yuan invested by Shanghai Yihai Investment Development Co., Ltd., accounting for 10% of the shares The investment of phase II project is about 250 million yuan, and all investors still make additional investment according to the existing share capital ratio After the completion of the project, it mainly includes flour processing, cottonseed processing, rice processing, oil processing, rice processing, oil refining, oil small packaging and other contents, which will play a positive role in accelerating the optimization and adjustment of agricultural industrial structure in Hebei Province