On December 20, Gelonghui, COFCO Sugar (600737.SH) said at an investor exchange conference that with regard to future plans for the sugar business, China's sugar itself is more in demand than supply, and the gap is partly made up by imports. Based on this objective reality, the company relies on port sugar refining to choose opportunities to expand sugar refining capacity in convenient coastal transportation areas. In terms of self-production of sugar, the company considers the ability of sugar cane raw materials to be self-sufficient and aims to increase domestic sugar cane sugar production capacity through expansion and mergers and acquisitions.