The property transaction contract has been signed! Guanghua Weiye will control Hengtian Yangtze Biotechnology to promote the research and development and production of polylactic acid fiber

On December 18, Shenzhen Guanghua Weiye Co., Ltd. and Hengtian Fiber Group Co., Ltd. signed an “Equity Transaction Contract” for the 51.265% equity and related debt projects of Hengtian Yangtze Biomaterials Co., Ltd. Transaction amount is RMB 52,245,332.52 yuan (of which the price of 51.265% equity is 0.0001 yuan, and the price of the underlying…