FilingReader Intelligence
Angel Yeast to acquire 55% stake in Shengtong Sugar
August 4, 2025 at 08:10 AM UTC•By FilingReader AI
Angel Yeast will acquire 55% equity in Hulunbuir Shengtong Sugar Technology for 5.06 billion yuan to bolster its industrial structure and enhance competitiveness.
The company will also invest 2.3 billion yuan in a serum-free cell culture base technology project and 5.02 billion yuan in a bio-intelligent manufacturing center project.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:600298•Shanghai Stock Exchange
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