Innovation key word for Luhua Group's high-quality development
(chinadaily.com.cn)| Updated : 2022-09-12
Print PrintLuhua Group is China's leading food processing enterprise based in the county-level city of Laiyang, Yantai in East China's Shandong province. [Photo/Dazhong News]
Luhua peanut oil is produced by Luhua Group, China's leading food processing enterprise based in the county-level city of Laiyang, Yantai in East China's Shandong province, and enjoys the reputation of being "the pride of the national brands".
Luhua has made breakthroughs in the development of edible oils, and developed the 5S oil-pressing process, which has become a turning point of Luhua's 35 years of vigorous development.
During its development, Luhua has formed a practical and effective technological innovation strategy, which has also become the core driving force for its high-quality development and the development of the country's peanut industry.
Currently, Shandong Luhua Group has grown into the largest peanut oil manufacturer in China, with an annual sales of nearly 40 billion yuan ($5.76 billion) and an annual output of more than 1 million metric tons of peanut oil.