Not long ago, Tianshui Zhongxing Mushroom Technology Limited Company signed Investment Promotion Agreement with People’s Government of Yunmeng County, Hubei Province of China. Zhongxing Company proposes to raise fund and establish Hubei Zhongxing Mushroom Technology Co., LTD which implements Button mushroom project.
According to know, the project holds 680 million CNY of gross investment and occupies 356 mu of land. After the operation of Phase One, the estimated annual output on Button mushroom attains 20,000 tons.
Completion of the project is going to play a positive influence on its development strategy of “Focusing on Enoki mushroom, Leading Coordinated Development of Various Varieties,” and promote Zhongxing Company to the world. Besides, it is beneficial to reinforce and boost the market occupancy of Zhongxing’s products in Central China, thereby enhancing the comprehensive competitive strength of Tianshui Zhongxing Mushroom Technology Limited Company.