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Angel Yeast acquires 55% stake in Hulunbuir Shengtong Sugar

July 24, 2025 at 05:19 PM UTCBy FilingReader AI

Angel Yeast will acquire 55% of Hulunbuir Shengtong Sugar for 505.67 million yuan, expanding its footprint in sugar and downstream industries.

The company also announced the repurchase and cancellation of 80,000 restricted shares from its 2024 incentive plan due to employee departures.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600298Shanghai Stock Exchange

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