NEWTREND GROUP (02573) has entered into a construction contract with Ji'an Taicheng, with a contract amount of approximately 110 million yuan.
Xinqi'an (02573) announced that on August 24, 2026 (after trading hours), the company entered into a construction contract with Ji'antai Cheng, under which Ji'antai Cheng agreed to undertake the construction of the production plant and supporting facilities in the Ji'an factory area and related services. The contract amount is approximately RMB 110 million.
NEWTREND GROUP (02573) announced that on August 24, 2026 (after trading hours), the company entered into a construction contract with Jiatian Cheng. According to this contract, Jiatian Cheng agrees to undertake the construction of production facilities and supporting infrastructure at the Jian factory site, with a contract amount of approximately RMB 110 million.
The board of directors believes that entering into the construction contract is an important step in implementing the groups business development and capacity expansion strategy. Therefore, the construction of the Jian production facility is expected to provide long-term support for the groups future development and serve as a strategic platform to promote the advancement of functional ingredients from China to the high-end of the global value chain.
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