WEIGAO GROUP (01066) plans to acquire a piece of land in Weihai City for 39.7093 million yuan.

WEIGAO GROUP (01066) announced that on March 27, 2026, the company signed a land use rights transfer agreement with Weigao Biotechnology. Weigao Biotechnology agreed to transfer the land use rights of the land to the company for a price of RMB 39,709.3 million. It is reported that the land is located in Chucun Town, Huancui District, Weihai City, Shandong Province, China, with a total land area of approximately 76,342 square meters. The land use rights will expire on April 14, 2070. The land is designated for industrial use only. To address current production capacity constraints and improve operational efficiency, the Group started constructing a sterilization and storage integration center in 2025. The land is located near the production base. Acquiring the land use rights of this land is expected to facilitate a compact site layout, integrate sterilization, packaging, and high-density storage operations, shorten internal logistics processes, improve asset utilization, and support the deployment of automated transfer and intelligent warehouse systems. Upon completion of the expansion facility, it is expected to significantly increase sterilization capacity and storage capacity, shorten processing cycles, reduce unit costs, and improve inventory turnover rate, which will support the Group's medium to long-term production needs and value creation.