Tips for Fengyuan Biochemicals on the discontinuation of some of the company's production lines

The prompt announcement of the board of directors of Anhui Fengyuan Biochemistry Co., Ltdregarding the discontinuation of some of the company's production linesthe Company and all members of the board of directors to ensure that the contents of the announcement are true, accurate and complete, without false records, misleading statements or major omissionsdue to the recent heavy rain in the Huaihe River Basin, the Huai River has a flood risk, along the Huai river in some areas of the floodMy company lysine and MSG production part of the work section of serious flooding, normal production and operation has been seriously affectedIn addition, due to the fierce competition in the market for lysine and MSG products, the sharp rise in corn prices has also contributed to a sharp increase in the production costs of the productIn order to avoid further losses, the company's research decided to temporarily stop production of lysine and MSGThe company will seriously do a good job of flood control and production equipment testing and maintenance, in order to resume production to do a full preparation, while actively contact with insurance companies claims matterscompany amino acid products in 2006 to achieve sales revenue of 446 million yuan, accounting for 10.14% of the company's main business revenue, gross margin of 2.39%, the impact on the company's profit is smallAt present, the company in addition to lysine and MSG production lines suspended production, other production lines are normal productionThe board of directors and management of the company will do their best to try to solve the difficulties encountered by the company in the fastest time, choose the opportunity to resume production of lysine and MSG production lines, the relevant progress will be disclosed in a timely mannerAnhui Fengyuan Biochemistry Co., LtdBoard of DirectorsJuly 11, 2007
Anhui Fengyuan Biochemistry Co., LtdBoard of Directors of the company's part of the production line production stoppage of the prompt announcement
the Company and all members of the board of directors to ensure that the contents of the announcement is true, accurate and complete, there are no false records, misleading statements or major omissions due to the recent heavy rain in the Huaihe River Basin, the Huai River has a flood risk, along the Huai river in some areas of the flood My company lysine and MSG production part of the work section of serious flooding, normal production and operation has been seriously affected In addition, due to the fierce competition in the market for lysine and MSG products, the sharp rise in corn prices has also contributed to a sharp increase in the production costs of the product In order to avoid further losses, the company's research decided to temporarily stop production of lysine and MSG The company will seriously do a good job of flood control and production equipment testing and maintenance, in order to resume production to do a full preparation, while actively contact with insurance companies claims matters company amino acid products in 2006 to achieve sales revenue of 446 million yuan, accounting for 10.14% of the company's main business revenue, gross margin of 2.39%, the impact on the company's profit is small At present, the company in addition to lysine and MSG production lines suspended production, other production lines are normal production The board of directors and management of the company will do their best to try to solve the difficulties encountered by the company in the fastest time, choose the opportunity to resume production of lysine and MSG production lines, the relevant progress will be disclosed in a timely manner Anhui Fengyuan Biochemistry Co., Ltd Board of Directors July 11, 2007 (name)