Wuliangye Yibin Co.Ltd(000858) announced that according to the company’s “14th five year plan” strategic development plan, the company will increase the original wine production capacity. In order to meet the demand of production capacity growth, the company will expand and transform the koji making workshop, mainly including koji making workshop and relevant supporting facilities, which will be constructed in two phases. The total investment of the project is estimated to be 2.75 billion yuan. The project investment will be handled in accordance with relevant laws, regulations and systems, and the investment cost will be strictly controlled. The investment amount shall be subject to the project bidding and final settlement.
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