In a recent corporate announcement, Jenkem Technology Co.,Ltd. (688356.SH) has disclosed plans for a new investment initiative. The company intends to construct the Bohai Meiwan Jenkem Technology Health Park project, a provisional name, within the Tianjin Economic-Technological Development Area. The total investment for this project is capped at 315 million yuan.
The planned development will encompass a total floor area of approximately 31,300 square meters. The primary objectives of this expansion are to scale up the production lines for medical device products, increase the area dedicated to research and development laboratories, and establish an incubator facility for the health industry.