Tongrentang intends to acquire 51% equity of Jingyi Biotechnology

Jingyi Biology is a manufacturer and seller of liquor medicinal liquor. The company is mainly engaged in the production and sales of medicinal liquor, liquor, and blended liquor. Recently, Tongrentang expects to invest no more than 190 million yuan in Jingyi Biotech and obtain 51% equity of Jingyi Biotech.

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