TOUYUN BIOTECH sells its subsidiary with a valuation of 13 million RMB, transferring 70% of the shares
TOUYUN BIOTECH (01332.HK) announced a related transaction, selling 70% equity in its subsidiary - Weidao International, which provides product packaging QR code and solution services, to Fuxing International China for a cash consideration of RMB 13 million. The estimated proceeds from the sale are approximately RMB 15.3 million. After completion, the company will no longer hold any shares in Weidao International
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