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Kangtai Biotech announced that the company invested in the implementation of the Baiwangxin emergency construction project and has won 75.9 million yuan for the right to use state-owned construction land with parcel number T403-0309, Xili Street, Nanshan District, Shenzhen, in accordance with legal procedures, and recently obtained a real estate property certificate. The parcel is industrial land with an area of 20383.3 square meters. The period of use is from August 31, 2026 to August 30, 2056, and is owned by the company alone. This authorization provides the necessary conditions for the company's strategic deployment, production and operation, and will not have a significant adverse impact on the company's business performance.
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Kangtai Biotech announced that the company invested in the implementation of the Baiwangxin emergency construction project and has won 75.9 million yuan for the right to use state-owned construction land with parcel number T403-0309, Xili Street, Nanshan District, Shenzhen, in accordance with legal procedures, and recently obtained a real estate property certificate. The parcel is industrial land with an area of 20383.3 square meters. The period of use is from August 31, 2026 to August 30, 2056, and is owned by the company alone. This authorization provides the necessary conditions for the company's strategic deployment, production and operation, and will not have a significant adverse impact on the company's business performance.
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