On October 10, Shijiazhuang City's project observation activity for the fourth quarter of 2021 was officially launched. Zhang Chaochao, secretary of the municipal party committee, Ma Yujun, deputy secretary of the municipal party committee and mayor, Zhan Xiaoyang, deputy secretary of the municipal party committee, Li Xuerong, director of the standing committee of the municipal people's congress, Zhang Ye, chairman of the municipal CPPCC committee, the main responsible comrades of the party and government of various counties (cities and districts), and the responsible comrades of the relevant departments directly under the municipal government, observed and evaluated 19 newly started industrial projects such as the circular chemical park, high-tech zone, Luancheng District, Zhao County, Yuanshi County, Gaoyi County, Zanhuang County, Jingxing County, Qiaoxi District, Xinhua District, Chang'an District, and Yuhua District.
The Acarbose Green Factory Upgrading Technology Transformation Project being built by CSPC Shengxue Glucose Co., Ltd. is also within the scope of this project observation. Zhang Cuilong, vice chairman and CEO of CSPC Pharmaceutical Group, received the whole process. During the period, Zhang Cuilong reported on the business development of CSPC Group and Shengxue Company and the upgrading technology transformation project of Acarbose Green Factory, which was unanimously recognized by the municipal leaders.
CSPC Acarbose Green Factory Upgrade Technology Transformation Project has a total investment of 300 million yuan and is scheduled to be put into operation in May 2022.
Acarbose is a first-line blood glucose management product that has long been monopolized by foreign countries and has a high price. After the completion of the Acarbose Green Factory Upgrading Technology Transformation Project of CSPC Group, the production capacity will be greatly increased through technology and equipment upgrading, and it is expected to reach more than 40% of the total domestic production capacity. Through the advantages of scale, cost and quality, the company's competitiveness will be significantly improved.