DaChan Great Wall powers into eastern China with new processing plants
Vice-president Dennis Han said better-than-expected growth in the region had boosted the company’s ambitions there.
“We are going to speed up the pace of our expansion in eastern China” with the help of the new facilities, Han said at an investors’ conference in Taipei.
“We have been too conservative in the past and hope to develop a more aggressive investment strategy,” he added.
The group operates its Chinese business through a Hong Kong-listed subsidiary DaChan Food Asia.
The offshoot is China's biggest chicken processor, and already has two food processing plants in Liaoning province, one in Tianjin and another in Shanghai.
It is not know how much Tainan-based DaChan Great Wall has invested in the two new plants, nor their production capacity. Their opening will come as part of the company’s strategy to achieve vertical integration in food processing.
The group, which also operates restaurant chains, shopping malls and seafood businesses all across Asia, is also mulling another food processing plant in southern Taiwan to meet growing demand in the domestic market.
Its existing plant in Tainan has been running at full capacity, Han said, while hinting that he will announce another significant investment next week.
