Hengtong Co., Ltd.: Plans to acquire a 40% stake in Chongqing Aolong Biological Products Co., Ltd. for 274 million yuan

Hengtong Co., Ltd. announced that it plans to acquire a 40% stake in Chongqing Aolong Biological Products Co., Ltd. held by Huapai Biological with self-owned funds or raised funds of 274 million yuan.
After the completion of this acquisition, the company will hold a 40% stake in Aolong Biological, which will not be included in the company’s consolidated scope.

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