China Resources sanjiu 250 million extension innovation research and Development Center

China Resources 39 (000999) announced today that it invested 250 million yuan to expand the innovation and Technology Center and the New Drug Research and Development Center at Guanlan Resources 39 Pharmaceutical Industrial Park. On this basis, Huarun 39 intends to relocate the headquarters functional departments to the pharmaceutical industrial park.　　At the same time, Huarun 39 will sell the company's existing office in the North Ring Road Technology office building in Shenzhen. China Resources 39 stated in the bulletin that in order to better implement the company Operation Center Management mode, implement centralized and unified management, and meet the needs of new product development and product production process technology improvement, the company will expand innovation and technology center and New Drug Research and Development Center and two projects in China Huarun 39 Pharmaceutical Industrial Park, so that the company production unit, research Marketing Department (39 medical Trade) and functional departments, gradually concentrated to the Guanlan industrial park.　　Project Total construction area of about 37,000 square meters, the project total investment of about 250 million yuan, all use own funds, plan to start construction in 2010 years, completed at the end of 2011 to use.　　Public information shows that the pharmaceutical industry park has been completed in 2008 into use, China Resources 39 of production, logistics and other departments have moved to Guanlan New industrial park, only some of the functional departments remain in the science and Technology Building Office, the current two office situation is not conducive to internal contact and communication, increased management costs. At the same time, as China Resources 39 plans to relocate the headquarters functional departments to the pharmaceutical industrial park, it is proposed to transfer the existing Office Building Technology office buildings one to nine floors and days to the new 39 Real Estate Co., Ltd., the transfer price equals 160 million yuan.　　Science and Technology Office building was completed in 1996, located in Shenzhen Luohu district North Ring Road, a total of nine floors, covers an area of 4151.4 square meters, the total construction area of about 14,000 square meters. It is understood that the transfer process of Huarun 39 to pay the land value-added tax, business tax and other related taxes, deduct the relevant transaction tax is expected to enable the company to obtain about 28 million yuan of income. If this transaction is not carried out, the overall relocation of China Resources 39 to the Guanlan Industrial Park will be the overall rental of technology office buildings, according to the current level of leases, is expected to receive about $11.5 million per year rental income. At the same time, the company will bear depreciation, equipment maintenance, security, sanitary cleaning and other costs, the above costs are estimated at 7.65 million yuan per year.