Guizhou Bailing (002424.SZ) announced that according to business development needs, the company plans to be located in Hengqin, Zhuhai, Guangdong Province...
According to the Zhitong Finance App, Guizhou Bailing (002424.SZ) announced that according to business development needs, the company plans to invest 20 million yuan in monetary capital to establish a wholly-owned subsidiary “Bailing Yuxiu (Zhuhai) Pharmaceutical Co., Ltd.” in Hengqin New District, Zhuhai City, Guangdong Province.
The establishment of a new wholly-owned subsidiary is conducive to improving the company's industrial layout, better developing markets and enhancing the company's drug research and development capabilities. It is in line with the company's own strategic layout and business development needs, further enhancing the company's comprehensive strength, and conforms to the company's long-term development plans and the interests of all shareholders.