One venture that has settled in the Xinghua Economic Development Zone in Xinghua city – administered by Taizhou in East China's Jiangsu province – was recently recognized as a demonstration project for 2023 Jiangsu Province Agricultural and Rural Major Project Construction.
It is the Phase I food processing project funded by Jiahao Food Co Ltd.
The Jiahao Food's Phase I food processing plant, costing 100 million yuan ($13.89 million), started and completed construction in January and December last year, respectively.
By introducing internationally advanced intelligent equipment – such as aseptic pipeline machines and vibrating fluidized beds – the plant mainly produces high-end seasonings, such as chicken essence and chicken juice.
The project can produce 5,000 tons of chicken essence, as well as 15,000 tons of chicken juice and soup base annually. It can generate annual invoiced sales of 600 million yuan and will pay taxes of 30 million yuan per annum.
Jiahao Food Co Ltd wants to develop it into a modern high-end seasoning factory that is green, eco-friendly, energy-saving and digitalized –becoming the largest compound seasoning production base in East China within three years.
An internal view of the Phase I food processing plant, run by Jiahao Food Co Ltd. [Photo/WeChat account: xinghuafabu]