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Newtrend signs RMB 65.8 million Jingzhou glycine base construction contract

PUBT·08/21/2026 14:54:18
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Newtrend signs RMB 65.8 million Jingzhou glycine base construction contract
  • Newtrend signed two construction contracts for its Jingzhou glycine production base totaling RMB 117.1 million.
  • RMB 51.3 million deal covers industrial-grade, food-grade glycine workshops with about 23,476 square meters of floor area.
  • RMB 65.8 million contract covers pile foundations, ancillary buildings, structures, supporting infrastructure for the same site.
  • Both projects target completion by June 30, 2027, with 24-month defect liability periods.
  • Funding planned via bank loans, IPO proceeds allocated to the Jingzhou base, internal resources.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newtrend Group Holding Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260821-12295278), on August 21, 2026, and is solely responsible for the information contained therein.