First Pharmaceutical Holdings announced that the company previously planned to use no more than 787 million yuan of its own and self-funded capital to build the new drug R&D and industrialization base of Shouyao Holdings. Recently, the company officially signed a “General Construction Contract” with Hangxiao Steel Construction Co., Ltd., which will contract the construction project. The contract amount is RMB 389 million, and the contract period is 882 calendar days.

First Pharmaceutical Holdings announced that the company previously planned to use no more than 787 million yuan of its own and self-funded capital to build the new drug R&D and industrialization base of Shouyao Holdings. Recently, the company officially signed a “General Construction Contract” with Hangxiao Steel Construction Co., Ltd., which will contract the construction project. The contract amount is RMB 389 million, and the contract period is 882 calendar days.