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China. Lanzhou Huanghe Enterprise has stopped the production in Jinquan

On14 March 2016 Lanzhou Huanghe Enterprise Co., Ltd., the representation office of the Yellow River Group in Lanzhou, at an extraordinary meeting of the Board of Directors took the decision to close the production of Jinquan West Brewery Co., Ltd.

The production system has become outdated and too small for the needs of modern market, since Jinquan Brewery was founded in the 80s. The equipment of the brewery has become inefficient and energy intensive, the production process will be very difficult to upgrade. The brewery hardly produces 10,000 tons of beer with a design capacity of 20,000 tons per year.

Therefore, to ensure the quality of its products, the company took the decision to close the production and to authorize the Yellow River Beer Group to use its property, including the equipment. It will be transferred to other companies or completely utilized.

5 Apr. 2016

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