Vipag Tianin Yangliuqin Logistic Park Project

In the morning ofOctober 29, 2015, JRS Changzhou Wujing Build-up project’s Groundbreaking ceremony was held in West-Taihu technological industry park. This plant willgreatly enhance the pharmaceutical excipients levels in China after it put intoproduction. Municipal and district government leaders from Changzhou and Wujindistrict attended the ceremony, such as Changzhou Vice Mayor Ms. Zhang Yun-yun,and Wujin district Governor Dai Shifu, Lu Yafen, and Lu Qiuming.

JRS is the world'slargest natural cellulose, engineering lignocellulose and microcrystallinecellulose producer, which products has been wildly used for medicine, food,chemical industry, building materials etc. JRS has core customers likeSK&F, Johnson&Johnson, Wyeth etc. In 2013, JRS set up its first branch companyin Changzhou.

At present, JRS hasinvested two projects in West-Taihu technological industry park in Changzhou. Thefirst project investment was $2.75 million for packaging sales of Changzhoufactory in 2013 .The new project which holds the groundbreaking ceremony todayis the second investment by JRS in Changzhou with total investment of $30million. It is the first time that the MCC full process production introduced inChina. JRS will also be the first company to perform drug GMP productionstandard in China in its field, it will provide high quality products for theglobal customers. The project is expected to completion in June 2016.

JRS group board member Dr. Hempe and municipal government representativesdelivered a warm speech on the groundbreaking ceremony.
The representative of government, JRS, construction company and other related partiesalso attended the ceremony.