Tian Shijie agreed to acquire Tangshan Zhenghong Biological Feed Co., Ltd. from Hunan Zhenghong Science and Technology Develop Co.,Ltd. (SZSE:000702) for CNY 9.4 million on April 7, 2024. A cash consideration of CNY 9.44 million will be paid by the buyer. As part of consideration, CNY 9.44 million is paid towards common equity of Tangshan Zhenghong Biological Feed Co., Ltd.

The deal has been approved by the board of directors of Tangshan Zhenghong Biological Feed Co., Ltd.