Guangxi Sugar Industry Group was jointly funded by Guangxi State Farms Group, Guangxi Huasheng Group, Guangxi Construction Engineering Group, Guangxi Ronggui Logistics Group, and Guangxi Liugong Machinery in August 2018 with a registered capital of 3 billion yuan ($447 million).
Based on the sugar industry, the group has formed a circular economy industry chain engaging in sugarcane, wine, thick liquid, paper, biochemical engineering, and the breeding industry. It boasts more than 1.2 million mu (80,000 hectares) of raw material sugarcane bases with an annual sugar yield of 800,000 metric tons, 50,000 tons of edible alcohol, and 10,000 tons of rum.
In recent years, the group has provided support to improve its scientific research, setting up regional level research and developmental platforms to expand and strengthen its industrial chain, while promoting its circular economy.
It was expected that by the end of 2020, its sugar yield will hit 1 million tons, and the operation revenue will exceed 10 billion yuan.
Address: No 32 Minzu Avenue, Nanning, Guangxi Zhuang autonomous region
Tel: +86-771-2814653
E-mail: gxtyjt@163.com