Chia Tai Enterprises’ 69.7%-owned Zhumadian Huazhong CT signs CNY28.9 million fermentation facility construction contract

Reuters03-16

Chia Tai Enterprises’ 69.7%-owned Zhumadian Huazhong CT signs CNY28.9 million fermentation facility construction contract

Zhumadian Huazhong CT, a 69.7%-owned subsidiary of Chia Tai Enterprises International, signed a construction contract to build a new fermentation facility in Zhumadian City, Henan. The contractor, CSCEC-CP, will carry out construction and related works for a facility with about 14,000 sq.m of total construction area. The construction contract is a fixed lump sum of RMB28.9 million. Zhumadian Huazhong CT also appointed Chia Tai Handing as project manager, with a fee equal to 3% of total project cost capped at RMB6.3 million. The project management contract is expected to run until the end of October 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chia Tai Enterprises International Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260316-12053636), on March 16, 2026, and is solely responsible for the information contained therein.

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