--- title: "ASIA AROMA: Collaborating with XinXin Xiangrong to invest in the construction of a synthetic vanillin production line" type: "News" locale: "en" url: "https://longbridge.com/en/news/224037421.md" description: "ASIA AROMA has signed a cooperation framework agreement with Xin Xin Xiang Rong to plan the construction of a new synthetic vanillin production line in Thailand, with Xin Xin Xiang Rong providing technical support. The two parties will establish a joint venture company in Hong Kong, with ASIA AROMA investing 510,000 yuan for a 51% stake. The joint venture company will be responsible for sales, and it is expected that the production line will reach an annual output of 4,000 tons of vanillin, generating annual revenue of up to 400 million yuan. This investment will enhance the company's competitiveness and promote healthy development" datetime: "2025-01-06T07:56:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/224037421.md) - [en](https://longbridge.com/en/news/224037421.md) - [zh-HK](https://longbridge.com/zh-HK/news/224037421.md) generator: "portal-rs" --- # ASIA AROMA: Collaborating with XinXin Xiangrong to invest in the construction of a synthetic vanillin production line ASIA AROMA and its wholly-owned subsidiary Thailand ASIA AROMA signed a "Cooperation Framework Agreement" with Xin Xin Xiang Rong. The agreement stipulates that Thailand ASIA AROMA will build a new synthetic vanillin production line within the existing factory area, with Xin Xin Xiang Rong providing technical support; ASIA AROMA and Xin Xin Xiang Rong plan to jointly invest in establishing a joint venture company in Hong Kong as a sales platform for the cooperative products, with ASIA AROMA investing RMB 510,000 for a 51% stake and Xin Xin Xiang Rong investing RMB 490,000 for a 49% stake; Xin Xin Xiang Rong will provide raw materials and technical authorization for the production of synthetic vanillin products to Thailand ASIA AROMA, which will pay the corresponding technical authorization fees; the Hong Kong joint venture company will be responsible for the external sales of the cooperative products produced by Thailand ASIA AROMA. Once the production line reaches full capacity, it is expected to achieve an annual production capacity of 4,000 tons of synthetic vanillin, generating an annual revenue of RMB 400 million. This investment is based on the company's overall development strategy and is beneficial for enhancing comprehensive competitiveness and promoting sustainable and healthy development ### Related Stocks - [301220.CN](https://longbridge.com/en/quote/301220.CN.md) ## Related News & Research - [EXPLAINER-Why a super El Niño leaves tropical commodities acutely exposed](https://longbridge.com/en/news/296197492.md) - [Croatia orders detention of Ukrainian man wanted in Germany for Nord Stream blasts in 2022](https://longbridge.com/en/news/296522753.md) - [Lighthouse Canton favors EM high-yield sovereigns as developed-market fiscal risks rise](https://longbridge.com/en/news/296183818.md) - [Trump issues 'unprecedented' threat to Iran — and any nation that helps the regime](https://longbridge.com/en/news/296486008.md) - [Venezuelans and Cubans among deportees to Liberia under Trump deal, official says](https://longbridge.com/en/news/296475985.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**