Nhwa pharmaceutical industry to invest not more than 120 million yuan to build logistics center

NetEase Financial January 12 News Nhwa Pharmaceutical Industry issued a notice that the company intends to invest no more than 120 million yuan in the new urban district of Xuzhou Development and construction of new urban Nhwa Medicine Logistics Center.　　January 11, 2011, Nhwa Pharmaceutical and Xuzhou new district state-owned Assets Management Co., Ltd. and the Xuzhou new District Management Committee signed the "new District Nhwa Pharmaceutical Logistics Center Project Cooperation Agreement", the company intends to invest no more than 120 million yuan in Xuzhou new urban development and construction of new urban Nhwa Medicine Logistics Center. The announcement shows that the project planning area of about 71.03 acres (the specific area of the land sector measured data), the total construction area of about 70200 square meters (of which the pharmaceutical trading building 7800 square meters, medical logistics warehouse 48000 square meters, training center 14400 square meters),　　The total construction area of the first period is not less than 35000 square meters (7800 square meters of pharmaceutical trading building). The total investment of the project is not more than 120 million yuan, the construction cycle is expected to be 2 years. Among them, the construction capital of about 70 million yuan, equipment capital of about 18 million yuan, other funds about 32 million yuan (including land acquisition about 18.2 million yuan).　　All the funds required for the project are self-financing by the company. The Nhwa pharmaceutical industry says the investment is mainly in order to continuously expand the pharmaceutical logistics distribution business scale, enhance the company's pharmaceutical logistics distribution business response to market changes in the ability to resist market risk, enhance the company's brand value, and form the company's new profit growth point, promote the company's pharmaceutical logistics and distribution business sustainable development , stronger and bigger company pharmaceutical logistics distribution business ended January 12, nhwa Medicine Karma 22.20 yuan, Rose 2.92%.