Nissin Foods

Nissin Foods Co Ltd completed the acquisition of all equity in Zhuhai Lianzhi Technology Co Ltd, which was renamed Zhuhai Nissin Packaging Co Ltd, on December 30, 2019.

Nissin Foods plans to invest about CNY 180 million to build a new packaging materials production plant in Zhuhai, China, on a 30,000-square-meter site acquired through the purchase of Zhuhai Lianzhi Technology. The plant is expected to be completed in 2021.