Core Viewpoint - Nissin Foods has successfully acquired land use rights for two plots in Zhuhai, Guangdong Province, China, for a total consideration of RMB 30.68 million, with plans to build a new production facility to enhance capacity and meet growing consumer demand for high-quality food products [1][2]. Group 1 - The company has acquired land use rights for two plots in Zhuhai, Guangdong, through its wholly-owned subsidiary, with a total cost of RMB 30.68 million [1]. - The land acquisition is part of the company's strategy to expand its operations in China and enhance its production capabilities [2]. - The new facility will utilize factory automation and efficient production processes to improve operational efficiency and reduce production costs [2]. Group 2 - The company plans to invest over RMB 240 million to develop the new facility on the acquired land, which is strategically located near its existing packaging production plant [2]. - The expansion is crucial for ensuring stable supply and addressing anticipated increases in product sales [2]. - The establishment of a larger and more advanced production base is expected to positively impact the company's operational development and growth prospects, thereby enhancing overall revenue and profitability [2].
日清食品(01475)斥资3068万元收购珠海两幅土地用作建设新生产设施