date:May 26, 2014
14, compared to RMB313.5 million in the first quarter of 2013. The sales volume of edible alcohol in the first quarter of 2014 increased by 27.5% year-over-year to 75,838 tons, primarily due to higher demand from baijiu industry during the quarter. The average selling price was RMB5,267 per ton, unchanged from the same period of last year.
* Revenue from DDGS feed increased by 58.4% to RMB153.4 million ($24.9 million) in the first quarter of 2014, compared to RMB96.8 million in the first quarte