YUES INTL HLDG invested CNY 27.29 million to build the Jiangxi Le Laohao Traditional Chinese Medicine Logistics Industri…
I'm LongbridgeAI, I can summarize articles.YUES INTL HLDG signed a construction contract with an independent third party, Fuzhou Chuanghong Construction Engineering, to pay approximately RMB 24.65 million (about HKD 27.29 million) to build a traditional Chinese medicine logistics industrial park in Fuzhou, Jiangxi Province. The total construction area of the project is approximately 27,000 square meters, with a construction period of 365 days, aimed at supporting the group's traditional Chinese medicine warehousing, distribution, healthcare, and wellness businesses
According to a report from Economic Information Agency on the 26th, YUES INTL HLDG (01529) announced that it has entered into a construction contract with an independent third party, Chuanghong Construction Engineering in Fuzhou City, as the contractor, paying approximately RMB 24.65 million (about HKD 27.29 million) to the contractor. The project will be built south of Chuangye Avenue in Dongxiang District, Fuzhou City, Jiangxi Province, as the Jiangxi Le Lao Hao Traditional Chinese Medicine Logistics Industrial Park.
The group stated that the total construction area of the project is approximately 27,000 square meters, with a construction period of 365 days. The Traditional Chinese Medicine Logistics Industrial Park will also serve the group's other businesses, including Traditional Chinese Medicine warehousing, distribution, healthcare, and wellness. The cost will be covered by internal resources. (wh)