Alltest Biotech's Unit Buys Land for Planned Factory for 19 Million Yuan

Trading View
2025.06.17 05:00
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Hangzhou Alltest Biotech's unit, Fanling Biotechnology (Hangzhou), bought land for 19.2 million yuan, according to a Shanghai bourse filing on Tuesday. The land, with a land area of 21,270 square meters, is located in the Chinese communities of Hengtang and Gongnong. The land will be the site for a factory that will produce 200 million diagnostic reagents and electronic instruments every year. The medical diagnostic company will invest up to 300 million yuan into the project.

Hangzhou Alltest Biotech's unit, Fanling Biotechnology (Hangzhou), bought land for 19.2 million yuan, according to a Shanghai bourse filing on Tuesday.

The land, with a land area of 21,270 square meters, is located in the Chinese communities of Hengtang and Gongnong.

The land will be the site for a factory that will produce 200 million diagnostic reagents and electronic instruments every year. The medical diagnostic company will invest up to 300 million yuan into the project.

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