HZSY's subsidiary plans to sell dairy farm assets and related facilities for 38.5 million yuan
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According to the Zhitong Finance APP, HZSY announced that its wholly-owned subsidiary Inner Mongolia Ruquan Dairy Co., Ltd. (referred to as "Ruquan Dairy") intends to sell dairy farm assets and related supporting facilities to Inner Mongolia Jinghong Agricultural and Animal Husbandry Co., Ltd. (referred to as "Jinghong Agricultural and Animal Husbandry") for an amount of 38.5 million yuan. The impact of this asset sale on the company's current profit and loss is approximately 11.7 million yuan
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