BRIEF-Global Bio-Chem Technology says Dacheng Bio-Tech enters construction deal

March 10 (Reuters) - Global Bio-chem Technology Group Co Ltd

* Dacheng Bio-Tech entered into construction agreement with

contractor

* Aggregate sum of consideration payable by dacheng bio-tech

for construction shall be approximately RMB243.89 million

* Deal in relation to construction of production plant for

production of methanol in Xinglongshan, Changchun

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