The expansion of our new plants represent a substantial investment of approximately 430 million RMB, creating one of Asia’s largest and most advanced enzyme preparation compounding plants. The new site spans over 78,670 square meters. This expansion project underscores VTR Biotech’s commitment to technological innovation and industrial upgrading, emphasizing our efforts to scaling up production capacity and diversifying product range through advanced automation.
As we actively respond to the national innovation-driven development strategy and push for high-quality growth in the manufacturing sector, the completion of the intelligent factory will significantly enhance our production efficiency and product quality. These advancements will make our operations more agile, reliable, and future-ready, enabling us to provide the market with superior products and services while achieving automation, intelligence, and precision in our production processes. We believe that biotechnology is a key driver of global sustainable development, and this expansion will empower us to deliver innovative solutions that address pressing global challenges. As we step into this new chapter, we are excited to collaborate with a broader community to advance our shared mission of making better lives with brighter science.