FilingReader Intelligence
Tecon Biology to acquire controlling stake in Xinjiang farm
August 25, 2025 at 09:29 AM UTC•By FilingReader AI
Tecon Biology signed a framework agreement to acquire 51% of Xinjiang Qiangdu Animal Husbandry Technology for cash.
The deal is subject to due diligence, audit, and valuation, with the financial baseline set for June 30, 2025. The acquisition supports Tecon Biology's strategy to expand its pig farming business in Xinjiang.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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