On November 18, Wang Li, Secretary of Municipal Party Committee, led a team to Yichang Renfo Baiyang API production base for research, accompanied by municipal leaders Wang Yuancheng and Wang Dazhen, and Yang Weihua, a member of the party group of the municipal government.
　　Mr. Li Jie, Secretary of the Party Committee and Chairman of the Board of Directors of the Company, introduced in detail to Mr. Wang Li about the project planning and construction progress during the 14th Five-Year Plan period. In 2020, Yichang Renfo will invest in two major projects, namely, the global headquarters base and the API production base in the Bio-Industrial Park and Baiyang Industrial Park respectively. Baiyang API project focuses on the production of high value-added APIs and pharmaceutical intermediates for both international and domestic markets, which can meet the upstream demand of the pharmaceutical industry chain. After the completion of the project, the company will have about 20 tons of API production capacity, further enhance the industry chain, supply chain independent and controllable ability, to promote the company's high-quality development and accelerate the pace of internationalization to lay the foundation. At the same time, the construction of the base will provide support for the expansion of CDMO business, which will be conducive to the transformation of more research results in Yichang.
　　Mr. Li Jie, Chairman of the Board, said that the construction of the project will follow the green, low-carbon and recycling development concept put forward by the state, and deal with the relationship between pollution reduction and carbon reduction, energy security, industrial chain supply chain security, and production safety, so as to ensure that the project will be upgraded comprehensively in terms of energy saving, environmental protection, green and low-carbon, and intelligent manufacturing.
　　Secretary Wang Li hoped that Yichang Renfu would take root in Yichang and develop with peace of mind. He pointed out that the biomedical industry is a pillar industry that Yichang is focusing on cultivating, and it is necessary to play a leading role in leading enterprises such as Yichang Renfu, further identify the path of investment, carry out the whole industry chain investment, continuously strengthen the chain, extend the chain, and make up the chain, and as soon as possible, make biomedicine into an industrial landmark in Yichang that will never be cooled down.