02223.HK announced that the construction of the second phase of the Huizhou Industrial Park was largely completed in mid-December last year and is arranging for relevant government departments to carry out inspection, but due to the need for more time to prepare construction and fire drawings for the design changes of the new production building to meet the requirements of fire inspection, the completion of the construction will be delayed and will be completed no later than April 30 this year.
Due to the risk of fluctuations in the cost of raw materials for the construction project, the adjusted new total consideration of the construction agreement and the supplementary construction agreement is RMB 51.872 million.