- Provide superior quality soybean related products to our valued customers via total quality management with streamlining cost structures.
- Apart from the North Easter region of China, the Group will actively penetrate new market in the middle region of China, such as Sichuan, Hunan & Anhui Provinces
Group's action plans would include:
- Fully utilize the existing capacity and fine-tune the purchasing, asset cash conversion cycle (including stocking of raw materials and finished products) and sales cycle (including collections)
- Close monitoring of soybean price movement
- Keep abreast with the market development to increase the flexibility and strength of distribution channels.
- Expedite the completion of phase II soybean processing plant.
The phase II soybean processing plant (with a maximum production capacity of 720,000 tons of soybean per annum) is targeted to be completed in the 4th quarter of 2010. The plant will go through a trial run for one to two months.
United Food Holdings Ltd has gone from pig rearing to soybean processing.
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