Henan Tobacco Industrial Corp. Invests to Build New Factory

Henan Tobacco Industrial Corp. begins to build new Zhengzhou Cigarette Factory recently. In the next three years, Henan Tobacco Industrial Corp. will invest 3.27 billion yuan to build new factory, which annual capacity will reach 1.3 million cases. Mayor Zhao Jiancai asked for all related governments to provide good services for the programme. The new factory's gross area is about 0.24 million square meters. It will create 11 billion yuan income excluding taxes per year, and 2.45 billion yuan profits per year. Enditem