tiprankstipranks
Trending News
More News >

Global Bio-chem Partners with Hefei Hechen to Boost Synthetic Biology

Story Highlights
  • Global Bio-chem and Hefei Hechen partner to establish a synthetic biology pilot testing platform.
  • The collaboration aims to resume operations at Xinglongshan, enhancing efficiency and capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Global Bio-chem Partners with Hefei Hechen to Boost Synthetic Biology

Don’t Miss TipRanks’ Half-Year Sale

Global Bio-chem Technology Group Co. Ltd. ( (HK:0809) ) has provided an update.

Global Bio-chem Technology Group Co. Ltd. has entered into a strategic cooperation framework agreement with Hefei Hechen Bio-tech Company Limited to establish a synthetic biology pilot testing platform at its Xinglongshan production site. This collaboration aims to leverage both companies’ strengths in synthetic biology to support the development of bio-manufacturing industries in Jilin Province. The initiative marks a significant step towards resuming operations at the Xinglongshan site, which is expected to improve operational efficiency and strengthen the company’s working capital.

More about Global Bio-chem Technology Group Co. Ltd.

Global Bio-chem Technology Group Co. Ltd. operates in the synthetic biology industry, focusing on bio-manufacturing, agricultural technology, and green energy. The company is involved in the development and application of synthetic biological technology, particularly in the amino acid sector, to enhance its market competitiveness.

Average Trading Volume: 2,046,185

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$659.1M

Find detailed analytics on 0809 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1