Tsuen Yin Hi-Tech: plans to acquire 67.9% stake in the new era with 224 million yuan.

[Tsuen Yin Hi-Tech: plans to purchase 67.9% shares in the New era with 224 million yuan]-according to the announcement of Tsuen Yin Hi-Tech on April 24, in order to further enhance the company's corn seed market share and promote the sustainable development of corn seed business, the company intends to use 224 million yuan to raise funds to acquire 67.90% of the shares of the New Epoch. After the completion of the transaction, the New era will become the company's holding subsidiary.