---
title: "DAODAOQUAN plans to invest 1 billion yuan to build a 1 million tons/year edible oil processing project"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225192956.md"
description: "DAODAOQUAN plans to invest 1 billion yuan in Weinan, Shaanxi Province to build a 1 million tons/year edible oil processing project. The project will establish DAODAOQUAN GRAIN AND OIL WEINAN Co., Ltd., mainly including the construction of a dedicated logistics railway line, raw material silos, oil storage tanks, and oil processing facilities, with an expected construction period of 24 months"
datetime: "2025-01-16T11:40:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225192956.md)
  - [en](https://longbridge.com/en/news/225192956.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225192956.md)
generator: "portal-rs"
---

# DAODAOQUAN plans to invest 1 billion yuan to build a 1 million tons/year edible oil processing project

According to the Zhitong Finance APP, DAODAOQUAN GRAIN AND OIL (002852.SZ) announced that in order to expand the company's production scale and enhance production capacity, the company plans to invest in the establishment of DAODAOQUAN GRAIN AND OIL WEINAN Co., Ltd. in the Weinan Economic and Technological Development Zone in Shaanxi Province (subject to final business registration information), and to invest in the construction of a 1 million tons/year edible oil processing project in the Weinan Economic and Technological Development Zone. The company has signed a "Project Investment Contract" with the management committee of the Weinan Economic and Technological Development Zone regarding the above matters, with a total project investment estimated at 1 billion RMB, mainly engaged in grain and oil production and sales.

The project plans to build a dedicated logistics railway line, a station, and an oil transportation system; construct 6 raw material silos with a storage capacity of 60,000 tons, including 4 soybean silos and 2 rapeseed silos (reserved); build 20 oil storage tanks with a storage capacity of 50,000 tons; establish a 3,000 tons/day oil processing unit (with 2,000 tons reserved for rapeseed), build two refining units of 200 tons/day and 600 tons/day respectively, a 600 tons/day winterization unit, and a 1,000 tons/day packaging edible oil filling unit (to be constructed in phases), along with an 80 million bottles/year oil bottle workshop and related supporting facilities, with a comprehensive annual production capacity of 1 million tons. The total project investment is estimated at 1 billion RMB, with a total construction period of approximately 24 months, and construction will officially commence after the project land is delivered and the land use rights certificate and all construction permits are obtained

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**