Hunan Warrant Pharmaceutical (SHA:688799) is planning to invest up to 500 million yuan in the phase two expansion of its high-end active pharmaceutical ingredient (API) and intermediate green manufacturing base in Changsha in China's Hunan Province.
The expansion is expected to scale up API production, strengthen the company's green manufacturing edge and drive long-term growth, according to a Monday filing with the Shanghai bourse.
Annual output will be 3,000 tons of high-end APIs and intermediates.
Construction is expected to take between one and three years.
Shares of the company were down 1% Monday.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。