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Xinrui Group, located in Guanxian Industrial Zone, which is in the nearest neighborhood of 329 provincial highway, in Liaocheng city of Shandong province, enjoys the convenient transportation and the significantly location advantage. The whole group company covers 350,000 square meters, with investment capital 420 million including capital asserts RMB240 million, it achieved RMB589 million output with RMB48 million tax payment. There are more than 800 existing employees, including 55 senior engineers and 221 technical workers. With subsidiaries Xinrui Wood Industry Co., Ltd, Xinrui Industry Co., Ltd, Ruixiang Biotechnology Development Co., Ltd and Xinrui Thermoelectric Plant, Xinrui Group is an enterprise group which combines development and research, production, and sales together.
Guanxian Ruixiang Biotechnology Development Co., Ltd is established in 2007, can deep process wheat 300 thousand MT/Y in the agricultural industrialization project. The production capacity as follows: wheat flour 230 thousand MT/Y, vital wheat gluten 30 thousand MT/Y, wheat starch 60 thousand MT/Y, alcohol 50 thousand MT/Y, feed 27 thousand MT/Y, wheat bran 60 thousand MT/Y, carbon dioxide 500 thousand MT/Y, biogas power generation 22.5 million kw/h per year, achieve output value RMB448 million, tax payment RMB29.6 million.
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