Zhitong Finance App News, Jinhe Biotech (002688.SZ) issued an announcement. The company's board of directors reviewed and passed the “Proposal on Foreign Investment and Construction Projects by US Subsidiaries”, agreeing that the US subsidiary Farmaway Pharmaceutical Co., Ltd. will implement a veterinary additive factory (Omaha factory) renovation and expansion project and the US subsidiary Famaway Biotech Co., Ltd. to implement a new veterinary vaccine factory expansion project. The total estimated total investment for the above projects is approximately US$31.924,600.

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