Asymchem Laboratories (Tianjin) Co., Ltd. Class H (HK:6821) has released an update.
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Asymchem Laboratories (Tianjin) Co., Ltd. has announced the sale of about 1.98% of its equity interests in BioLink for RMB 33 million to Asymchem No.1 Enterprise Management. This strategic disposal aims to optimize the company’s asset layout and focus on its business development, with the proceeds intended to supplement the group’s operational capital. The move is expected to result in a one-off gain of RMB 3 million for Asymchem Laboratories.
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