Hubei Jinruijing Biotechnology Co., Ltd. was established on December 28, 2020, with a registered capital of 100 million yuan and a construction investment of 380 million yuan. The planned land area is 170 acres, including 120 acres of industrial land. The factory is located at Investment Promotion Avenue (Riverside Industrial Park), Hao Xue Town, Jiangling County, Hubei Province. The business scope covers bio-tech chemical intermediates (excluding hazardous chemicals) as the foundation and fine chemicals (pharmaceutical intermediates) as the main focus. It is a private high-tech chemical enterprise integrating research and development, production, trade, and investment. The project is divided into four phases: the first phase is scheduled to be completed and operational by July 2023, and the second phase has already commenced construction simultaneously. Upon full completion, the project is expected to achieve an annual sales revenue of 2 billion yuan and tax revenue of 200 million yuan.