Plaiko: Plans to terminate the project for the expansion and improvement of the biological products workshop and supporting facilities.

date
14/06/2026
Praco Announcement: It is proposed to terminate the expansion and renovation project of the biopharmaceutical workshop and supporting facilities. As of May 31, 2026, there is a remaining fundraising of 204 million yuan. The main construction contents of this project include the renovation of the original workshop to meet the new version of the GMP for veterinary drugs, as well as the construction of production lines for pet bacterial inactivated vaccines, bacterial live vaccines, cell suspension cultured virus inactivated vaccines, and cytotoxic live vaccines. The company believes that the feasibility of this fundraising project has changed, and in order to improve the efficiency of fundraising utilization, it is proposed to terminate this fundraising project.