date:May 28, 2014
) are the highest among Chinas listed seafood stocks.
Its not just processing that Baiyang is expanding: the firm is spending CNY 147 million (USD 23.5 million, EUR 17.3 million) on a new feed production plant in Foshan which will produce 180,000 MT a year when completed in 2015. The plant will give the firm access to the market in Guangdong, a key region for the cultivation of both shrimp and tilapia. Baiyang relies on tilapia processing for 61 percent of its revenues with 31.3 percent coming