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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
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