On May 2018, in order to achieve the goals of company's strategic transformation, upgrade and development, PEG-BIO Biopharm Co.Ltd(Chongqing) and Chongqing Liangjiang New Area Management Committee signed the Investment Agreement to enter Shuitu High-tech Industrial Park.

On July 18, 2018, the groundbreaking ceremony of new bio-drug R&D and pilot center was successfully held in Shuitu High-tech Industrial Park, Chongqing. Fan kai, chairman of the company, deputy general manager Liu Riyong, Chen Qing, staffs from each departments, construction units and other related leaders attended the ceremony.

At the ceremony, the company's chairman Fan Kai delivered an important speech, reviewed the company's achievements in the development process and lessons to be learned, looked forward to the company's future development prospects, and clarified the company's strategic transformation and