Brief: China Touyun Tech Says Unit & Shijiazhuang Yijian Construction Entered Agreements

Touyun Biotech

14/05/2020 16:10

May 14 (Reuters) - China Touyun Tech Group Ltd  1332.HK :
    * CHINA TOUYUN TECH GROUP LTD-UNIT & SHIJIAZHUANG YIJIAN
CONSTRUCTION ENTERED AGREEMENTS FOR CONSTRUCTION OF FERMENTATION
& RELATED FACILITIES
    * CHINA TOUYUN TECH- SECOND AGREEMENT CONSIDERATION RMB 7
MILLION
    * CHINA TOUYUN TECH-AGREEMENT FOR PRODUCTION OF MICRO-ALGAE
POWDER
& RELATED PRODUCTS
    * CHINA TOUYUN TECH-  THIRD AGREEMENT CONSIDERATION RMB24.6
MILLION
    * CHINA TOUYUN TECH -FIRST AGREEMENT IS FOR CONSTRUCTION OF
5
STOREY GENERAL ADMINISTRATION BUILDING OF SITE AREA 5,223.4
SQUARE METRE
    * CHINA TOUYUN TECH -CONSIDERATION FOR FIRST AGREEMENT BE
RMB7.8
MILLION
    * CHINA TOUYUN TECH- EXPECTED CO WILL START PRODUCTION OF
CHLAMYDOMONAS REINHARDTII, MICRO ALGAE POWDER & RELATED PRODUCTS
IN 2021

Source text for Eikon:  ID:nHKS4XYLZm 
Further company coverage:  1332.HK 

 ((Reuters.Briefs@thomsonreuters.com;))