Jindawei: Subsidiary plans to invest 1.2 billion yuan to build an annual production of 100k tons of algae oil Omega-3 project

Jindawei (Jindawei) announces that its wholly-owned subsidiary, Inner Mongolia Jindawei Pharmaceutical Co., Ltd., plans to invest in the construction of an annual 100,000-ton algae oil Omega-3 project. The project’s total investment is 12 billion yuan, and the construction period is expected to be 36 months. The project’s main construction scope includes building a new fermentation workshop and refining workshop, and supporting auxiliary engineering works such as a cooling water pool, a water pump room, various warehouses, a tank farm area, and other public utility and auxiliary facilities, as well as a shift dormitory building.

On April 20, 2026, the company held a board meeting and deliberated and approved the proposal with a voting result of 9 votes in favor, 0 votes against, and 0 abstentions. This investment matter has not reached the company’s shareholder meeting review standards, and therefore does not need to be submitted to the company’s shareholder meeting for approval. The project is expected to have a positive impact on the company’s operating conditions.