Zhejiang International Group (SHE:000411), through unit Zhejiang Yingte Zhiwang Technology, plans to invest 1.05 billion yuan in the construction of an industrial park, according to the company's disclosure on the Shenzhen Stock Exchange.
The industrial park will have a pharmaceutical distribution and logistics center and it will be a health industry incubation. The Chinese pharmaceutical and healthcare company is expected to complete its construction in 2028, the Wednesday disclosure added.
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