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英文翻译：Honghu honghulang rice Co., Ltd. is formerly known as qianhonghu rice factory. At the beginning of 2000, the grain system of Hubei Province was reformed. Honghu rice factory, the former state-owned grain processing enterprise, took the initiative to carry out the reform of "enterprise reform and restructuring, staff buyout" in the city's state-owned grain system under the requirements of relevant documents. By selling the assets of Honghu rice factory, it realized the full replacement of identity, buyout of working age, and transformed Honghu rice factory into a private enterprise as a whole. In May 2000, it was re noted Honghu shiweitian Co., Ltd. is a private company. After the reform, the company carried out technology and product upgrading and actively developed rice processing industry. System innovation brings new development space to the company. In that year, the company threw off the hat of loss for many years and made a profit of more than 800000 yuan at one stroke. In 2003, Honghu oil industry and Trade Co., Ltd. was faced with the dilemma of stopping production. The Party committee of Honghu Food Bureau once again focused on Honghu food for heaven Co., Ltd. and hoped that the company could acquire the oil industry and trade company as a whole. Liu Zhixiang, the legal representative of the company, raised more than 2.9 million yuan by himself, bought the city oil industry and trade company as a whole, and solved the problems left over by the reform, such as defaulting on the employees' buyout money and pension. In January 2003, the company was re registered and renamed as honghulang rice Co., Ltd. of Honghu City, and moved to No. 91 Yanhe Road, Honghu City. In May 2006, ZTE, which was listed in the mainland and Hong Kong at the same time, also participated in the event during the golden investment week in Hong Kong, Hubei Province. At that time, ZTE was ready to develop a new Bioenergy Industry. After learning that Honghu rice industry has achieved leapfrog development in the gap and explored the development mode of circular economy, Hou Weigui, chairman of the board of directors, went to Honghu in person and decided to invest in Honghu after a field visit to the company. In November 2006, honghulang rice industry and ZTE Development Co., Ltd., a subsidiary of ZTE, formally cooperated and jointly funded to establish ZTE energy (Hubei) Co., Ltd. At present, the company is a wholly-owned subsidiary of ZTE energy (Hubei) Co., Ltd. It mainly engages in grain and oil production, purchase, sale and storage, and intensive processing. There are 11 grain purchasing and selling enterprises, more than 30 purchasing sites, 8 rice processing plants with a daily output of 150 tons, 3 oil processing plants with a daily processing capacity of 200 tons, 2 oil processing plants and 6 rice processing plants under joint operation, and a total storage area of more than 500000 square meters. The company's grain industrialization has driven more than 400000 farmers in the city and surrounding areas to increase their income by more than 500 million yuan every year.

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