On October 8, CCGB (300138) announced that with the increasing market demand for natural health products, the international market for natural extracts and nutritional health products is further expanding, and the demand for lycopene is also increasing. In order to accelerate the global resource distribution, the company decided to use its own capital of $30 million to build the American plant extraction project in California.
The project will be prepared and operated by the company's newly established company in the United States, including :1 tomato peel seed processing production line,1 lycopene extraction line, supporting factory and warehouse, factory road and plaza, office building and laboratory facilities, etc.
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