Jointown(SH:600998) Xin Jing Bao·2025-11-05 05:53Core Insights - The Beijing Fengtai District government has approved the renovation and upgrade of the former Jingfeng Pharmaceutical Factory, which has been idle since its relocation in 2019, to enhance the utilization of low-efficiency industrial space and release high-quality industrial space [1] Group 1: Project Overview - The renovation project is supported by the Beijing Development and Reform Commission, which has approved funding for the Jiuzhoutong (600998) urban renewal project [1] - The project is located at No. 8 Hangfeng Road, Science City, Fengtai District, Beijing, with a total construction area of 24,937.82 square meters [1] - The expected completion date for the project is December 2026 [1] Group 2: Renovation Details - The renovation will include green energy-saving modifications, structural reinforcement, and fire safety system upgrades [1] - The project aims for a comprehensive energy-saving rate of 35.96% after the upgrades, utilizing solar panels, energy-efficient lighting, and high-efficiency heating and cooling systems [1] Group 3: Service Offerings - Post-renovation, the facility will provide various platforms for concept validation, pilot production, and testing services, including project evaluation, analysis testing, microbial testing, and international standard technology services [1] - Additional amenities such as parking lots, charging stations, cafes, and presentation rooms will be constructed to enhance convenience for surrounding businesses and residents [2]