Panda Dairy (SZ:300898) Zheng Quan Shi Bao Wang·2024-11-22 03:58Group 1 - The company, Panda Dairy (300898), announced on November 22 that it plans to change the use of part of its raised funds, allocating 18 million yuan to implement a new project for producing 5,000 tons of food raw materials annually [1] - Of the 18 million yuan, 8.2 million yuan will be used to acquire 100% equity of Hainan Nanhang Pharmaceutical Co., Ltd. (referred to as "Nanhang Pharmaceutical"), 1.8 million yuan for related tax fees, and 8 million yuan for capital increase to Nanhang Pharmaceutical for site expansion and renovation [1] Group 2 - The implementation of this project will benefit Hainan Panda's capacity expansion and inventory management [2] - After acquiring Nanhang Pharmaceutical, the company plans to relocate its existing ambient product production line to the facilities of Nanhang Pharmaceutical and build new ambient warehouses, increasing production lines for condensed milk, sweetened milk sauce, and other related facilities to address the issues of space constraints and limited expansion [2]