Anhui Shanhe Pharmaceutical Excipients Co., Ltd. signed a state-owned construction land use right transfer contract with the Huainan Municipal Natural Resources and Planning Bureau on September 9, 2026, acquiring an industrial land parcel in the Huainan Economic Development Zone for a total land price of 24.4087 million yuan. The parcel, numbered HGTG26022, covers 73,965.74 square meters, is designated as Class III industrial land, and has a transfer term of 50 years. As of the announcement date, the company has paid all amounts in full and obtained the real estate title certificate. The matter was approved at the 12th meeting of the company's sixth board of directors on August 21, 2026. The acquired land will be used for a high-end excipient intelligent manufacturing base project, funded by the company's own capital. The company stated that this land acquisition will not affect its business independence or financial condition, and is not expected to have a significant impact on performance in the short term.
Anhui Sunhere Pharmaceutical Excipients Co LtdAcquires industrial land for 24.4087M yuan to build a high-end excipient intelligent manufacturing base, a capex expansion funded by own capital.
