According to Lukang Biochemical's announcement, the company previously disclosed that the Nampu Plant and Lu'an Biotech Plant were relocated to the Pudan factory area. This time, the board of directors reviewed and approved the implementation of the relocation and technological transformation project. The project was built in two phases, with a total construction period of 5 years. The first phase is planned to invest 170 million yuan. The second phase is implemented at an opportunity according to market conditions; the investment matters still need to be submitted to the shareholders' meeting for consideration.

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