Hubei Juneyao Health Drinks Co., Ltd (SHSE:605388) agreed to acquire Biogrowing Co., Ltd. from Harbin Zhongrui Investment Co., Ltd. for approximately CNY 280 million on August 12, 2022. The transaction has been approved by Hubei Juneyao Health. Biogrowing has a total assets of CNY 76 million and net assets of CNY -163 million as of August 31, 2022.
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- Hubei Juneyao Health Drinks Co., Ltd agreed to acquire Biogrowing Co., Ltd. from Harbin Zhongrui Investment Co., Ltd. for approximately CNY 280 million.