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Tianyuan Shares: Subsidiary transfers yellow phosphorus production capacity quota for 185 million yuan

2025-11-27View Original

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On November 27, Tianyuan Shares announced that the phosphorus chemical plant of its subsidiary, Mabian Wuqiong Mining Co., Ltd., ceased operations on December 19, 2023. In order to utilize these idle intangible assets, the company has put up for sale the production capacity of 25,000 tons per year of yellow phosphorus. The announcement states that Sichuan Hebang Biotechnology Co., Ltd. has been finally selected as the recipient. On November 25, Infinite Mining signed a Property Rights Transaction Contract with Hobang Biology, with the transaction amount totaling 185.29 million yuan

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