Pumen Technology: Anhui Puhe won a land plot in Hexian Economic Development Zone with a bid of 3.23 million yuan.
Pumen Technology Announcement: The company's wholly-owned subsidiary, Anhui Puhe Biotechnology Co., Ltd., signed a "Transaction Confirmation Letter" with the Heyuan Natural Resources and Planning Bureau on May 21, 2025, confirming the successful bid of the state-owned construction land use right for an industrial land parcel in Heyuan Economic Development Zone, Anhui Province, with a bid price of 3.23 million yuan. The land parcel has an area of 21,516 square meters, and a land use term of 50 years.
The acquired land parcel will be used for the "In Vitro Diagnostic Reagent Industrialization Project," which will facilitate the company's new product production, improve research and development capabilities, enhance industrial layout, expand production scale, and promote the long-term sustainable development of the company. The construction of the project will also require obtaining necessary approvals from government departments, and there are certain uncertainties related to the project.
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