Factory of Far East Pharmaceutical in Fujian to put into production next month

Far East Pharmaceutical Technology Company (0399) announced that its new factory in Fuzhou, which was about 20,000 square meters, was finished in late June. The investment of the project reached HK$80 mln, HK$30 mln of which was the capital gained from the listing. The new factory had already been in the trial-producing stage and was expected to put into production formerly next month. After the new factory put into production, the current factories would continue producing and the total productivity of the group would increase over 20 times vs that of the former factories, accordingly.

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