Sanquan Foods (002216) plans to invest 600 million yuan to build a production base in Tianjin through Tianjin Quanjin Food, reports secutimes.com, citing a company filing.
The base will cover an area of 185,800 square meters.
Construction in the first phase, expected to take two years, will cover 1,009 million square meters. Cost is estimated at 300 million yuan.