Zhitong Finance App News, Lu Kong Pharmaceutical (600789.SH) issued an announcement. In order to increase the scale and profitability of APIs and establish a low-cost production model integrating intermediates, APIs, and formulations, the company plans to invest about 194 million yuan to build a new continuous intelligent manufacturing chemical raw material project to enrich the API product structure and enhance the ability of API supporting formulations. The construction period of the project is expected to be 18 months.

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