Bon Natural Life (BON) has released an update.
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Xi’an App-Chem Bio (Tech) Co., Ltd. has entered into an asset selling agreement with Xinjiang Baixiangquan Aromatic (Tech) Co., Ltd., where Xi’an App-Chem will sell all assets of its subsidiary, Gansu Baimeikang Biotechnology Co., Ltd., to Xinjiang Baixiangquan. The deal, aimed at strategic business realignment and capacity expansion, includes the transfer of land use rights, construction progress, and advance payments, with the total sale price set at RMB 43,307,700.00. The agreement is part of a longer-term strategy for mutual benefit and future OEM business cooperation between the two parties.
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