Gelonghui (600329.SH) announced on December 19丨Da Rentang () announced that in order to integrate the medicinal herbs and tablet business lines and achieve integrated management of tablets and related businesses, the company plans to build a new tablet production workshop, decoction center and supporting facilities in the existing Qingguang South Reservoir area, and upgrade warehouses in the North Reservoir area. Based on this plan, the company plans to carry out the “Jinyao Da Rentang Drink Factory Relocation and Renovation Project - Frying Workshop Single Project” and the “Jinyao Da Rentang Pharmaceutical Company Qingguang Reservoir North Reservoir Area Renovation Project - 27 #29 #43 #库改造工程” project.
According to the bidding results, Tianjin Pharmaceutical Design Institute Co., Ltd. won the bid to undertake the construction of the frying workshop project and the reservoir area renovation project. The company plans to sign separate “Tianjin Small Construction Project Construction Contracts” with the Design Institute for these two projects. The contract price for the proxy frying workshop project is RMB 3,961,324, and the contract price for the reservoir area renovation project is RMB 2,802,987, for a total of RMB 6,764,311, accounting for 0.10% of the company's latest audited net assets. The funding source is the company's own capital.