Touyun Biotech Announces Disposal of Steam Pipeline Facilities for RMB14.8 Million

Reuters

Jul 31

<a href="https://laohu8.com/S/01332">Touyun Biotech</a> Announces Disposal of Steam Pipeline Facilities for RMB14.8 Million

Touyun Biotech Group Ltd. announced a discloseable transaction involving the disposal of certain fixed assets. On July 31, 2025, the company's indirect wholly-owned subsidiary, Shanxi Touyun Biotechnology Co., Ltd., entered into an agreement to transfer steam pipeline facilities located in Lucheng District, Changzhi City, Shanxi. The transaction is valued at RMB14,816,964 and the proceeds will be used as working capital for the group. The transaction meets the criteria for a discloseable transaction under the Hong Kong Stock Exchange Listing Rules.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Touyun Biotech Group Ltd. published the original content used to generate this news brief on July 31, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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On July 31, 2025, the company's indirect wholly-owned subsidiary, Shanxi Touyun Biotechnology Co., Ltd., entered into an agreement to transfer steam pipeline facilities located in Lucheng District, Changzhi City, Shanxi. The transaction is valued at RMB14,816,964 and the proceeds will be used as working capital for the group. The transaction meets the criteria for a discloseable transaction under the Hong Kong Stock Exchange Listing Rules.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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