Zhengzhou-based frozen food company Sanquan Foods plans to invest Rmb500m to build its southwestern manufacturing base in Chengdu, Sichuan province, reported China Retail News. The wholly-owned subsidiary will be mainly engaged in the production and sale of frozen food, instant food and fresh food.
Sanquan Foods said that the reason for building the manufacturing base in Sichuan is to cut the distance between its manufacturing base and the local market.
Sanquan, Synear and Longfong are the top three frozen food brands in China, with a combined market share of some 60 per cent.