Acres Biologics Receives Fifth Batch of Special Funds for Manufacturing Strength in Hunan Province in 2021

Recently, Hunan Provincial Department of Finance and Department of Industry and Information Technology jointly issued the "Notice on Issuing the Fifth Batch of Special Funds for Manufacturing Strength in Hunan Province in 2021 (Key Industrial Projects)" (Xiangcai Enterprise Index [2021] No. 31), and the R&D and production base construction project of raw materials for nucleic acid testing reagents of Hunan Acres Bioengineering Co., Ltd. was approved, and Acres Bio was the only enterprise approved in Changsha City and In the list of this announcement, Acres Bio is the only enterprise approved in Yuelu District, Changsha.

Hunan manufacturing province special funds are deployed by the provincial party committee and provincial government, the funds are mainly used to support manufacturing province key projects, comprehensively promote the construction of manufacturing province, strive to build a national important advanced manufacturing highland, prioritize the development of industrial emerging advantageous industry chain, and promote the high-quality development of manufacturing industry. From enterprise application to project approval, it is necessary to go through a series of strict processes, such as joint review and reporting by relevant departments of cities and states, preliminary examination of project information, and expert evaluation.

Ltd. is a national high-tech enterprise, specializing in molecular biology, cell biology product development, production and sales, has developed and produced more than 100 kinds of molecular biology reagents based on biological enzymes. Since its establishment, Acres Bio has always adhered to the business philosophy of “the best quality, efficient service”, and has been making continuous progress in the field of molecular biology. It is one of the few enterprises in Hunan and even in the central and southern regions that can produce the core raw materials of testing kits, and provides core raw materials for a number of well-known IVD (In Vitro Diagnostic Products) companies in Hunan, Shanghai, Shenzhen and other countries. Provide core raw materials for many famous IVD (in vitro diagnostic products) companies in Hunan, Shanghai and Shenzhen. The declared project centers on the research and development of nucleic acid testing reagent raw materials, and the approval of the special fund support is the recognition and encouragement of Acres Bio, our company will also take this opportunity to promote technology and product innovation, upgrade, accelerate the pace of industrial chain development, and promote the upgrading and development of Hunan biological testing industry.