Good health? Pharmaceutical companies as generous equity prices

Announced two foreign investment decision of Tiansheng pharmaceutical October 18th evening, one intends to use its own funds to invest 14 million 600 thousand yuan in Chongqing city light remote Photoelectric Technology Co. Ltd., get 20% of its shares, which involved in the field of health lighting; two are signed "investment contract" with the Chongqing District of Tongnan city government, intends to set up a limited investment in the construction of medical consumables in the local production projects, projects a total investment of about 360 million yuan.

It is understood that the photoelectric light. Founded in December 2013, the registered capital of 30 million yuan, the main computer, energy-saving lighting business. The company in the future health of lighting and energy-efficient lighting (such as laser lighting) and other fields, there are many global leading and unique research achievements, has been declared laser lighting more than 20 patents, the year will be more than 80 patents in the field.

Tongnan medical supplies production project is located in Tongnan Industrial Park in Southern District, land for the project by the Tongnan district government to coordinate the District Department of land supply, the future will be the main production including infusion, syringes, medicine and other related medical supplies, pharmaceutical products. Tongnan district government will fully open for the company production and management of drugs, supplies, medical equipment and other medical supplies market access, and all of it into the Medical Union Catalog, Tongnan district government belongs to the public medical institutions give priority to purchase in the same conditions, no entry barriers.

Tiansheng pharmaceutical said the investment projects enrich the enterprises in the industrial chain, is conducive to the comprehensive development of the company's business, ensure the smooth implementation of industrial strategy in the future, to create a good economic benefits for the company.

It is worth noting that in September 26th this year, Sichuan Tiansheng pharmaceutical and Luzhou municipal government signed a "strategic cooperation framework agreement, also signed the" Tiansheng Pharmaceutical Group Luzhou pharmaceutical and logistics project investment contract "with the government of Luxian County, the two sides will be the National High-tech Zone of Luzhou pharmaceutical industry park as the bearing platform, the cooperation in the areas of drug production pharmaceutical manufacturing, logistics distribution, innovation platform, personnel information exchange etc.. The project is expected to total investment of about 500 million yuan, the total land area of about 65 acres, the main construction of large capacity, small volume injection production line, oral solid preparation production line, pharmaceutical logistics warehouse, quality inspection center. The project construction period is 22 months, after the completion of all, is expected to achieve annual output value of 500 million yuan.

Source: Chinese securities network

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