Grainbiz November 11th 丨 Yaxiang shares (301220.SZ) announced that the first phase of the "Yaxiang Biotechnology (Thailand) Co., Ltd. Production Base Project" has conducted trial production in August 2024. As of the date of this announcement, the first phase of the investment project "Yaxiang Biotechnology (Thailand) Co., Ltd. Production Base Project" has completed pre-production trials, completed the installation and commissioning of production processes and machinery and equipment, and the relevant production lines were officially put into operation recently.
After the commissioning of this investment project, the company will increase its production capacity by 1,000 tons of vanillin, 200 tons of oakmoss, 100 tons of benzaldehyde, 50 tons of benzyl alcohol, 100 tons of methyl benzoate, 150 tons of cooling agents, and 150 tons of leaf alcohol. This will help consolidate and expand the company's market share and market position in the flavor and fragrance industry, enhance the company's profitability and market competitiveness, and have a positive impact on the company's operating performance.
