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Touyun Biotech Group Announces Disposal of Steam Pipeline Assets

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Touyun Biotech Group Announces Disposal of Steam Pipeline Assets

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China Touyun Tech Group ( (HK:1332) ) has issued an announcement.

Touyun Biotech Group Limited has entered into an agreement to dispose of certain steam pipeline facilities in Shanxi for RMB14,816,964. This transaction, classified as discloseable, is expected to streamline operations and potentially impact the company’s financials by reallocating resources from non-core assets.

More about China Touyun Tech Group

China Touyun Tech Group, through its subsidiary Touyun Biotech Group Limited, operates in various sectors including QR code solutions, packaging products, securities trading, money lending, and the production and sale of micro-algae products, particularly Chlamydomonas reinhardtii.

Average Trading Volume: 617,897

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$286.2M

For an in-depth examination of 1332 stock, go to TipRanks’ Overview page.

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