Huanlejia Food Group (300997.SZ) subsidiary plans to invest no more than 60 million yuan in fixed assets.

Huanlejia Food Group (300997.SZ) announced that its wholly-owned subsidiary, Wuhan Huanlejia Food Group Co., Ltd., intends to invest in a fixed asset project with a total investment of no more than 60 million yuan. This investment will be used to purchase production-related equipment and for the renovation and expansion of certain production workshops and production lines. The company mainly engages in the research and development, production, and sales of food and beverage products such as canned fruit, plant protein drinks, juice beverages, and lactic acid bacteria drinks. This fixed asset investment will help the company enhance its production capacity and aligns with its business development strategy for diversified channels.