HongKong:6836

Tianyun International (6836.HK) To Establish a joint venture with Linyi Development

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星期二, 十二月 12, 2023

As a state-owned enterprise affiliated to Hedong District Finance Bureau of Linyi City, Shandong Province, Linyi Development is an important pillar for the economic development of the Linyi region.

Key Points: 
  • As a state-owned enterprise affiliated to Hedong District Finance Bureau of Linyi City, Shandong Province, Linyi Development is an important pillar for the economic development of the Linyi region.
  • Pursuant to the Cooperation Agreement, Linyi Development shall invest the RMB equivalent of US$95 million into the Joint Venture Project, with a shareholding ratio of 95% in the joint venture and will be responsible for the operation of the Joint Venture Project.
  • The Group shall invest the HKD equivalent of US$5 million into the Joint Venture Project, with a shareholding ratio of 5% in the joint venture.
  • Through the joint venture, Linyi Development and the Group will promote the development of the local agricultural products marketing and processing industry, and plan to play an important role in the buiding and operating of Linyi International Exchange Centre of Agricultural By-products, injecting new vitality into the local economy.

Tianyun International (6836.HK) Subscribe for approximately 5% equity interests in Jianlibao, Plan to further increase holding to approximately 20%

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星期一, 十一月 20, 2023

At the same time, the Company intends to further increase its effective interest in Jianlibao to approximately 20%.

Key Points: 
  • At the same time, the Company intends to further increase its effective interest in Jianlibao to approximately 20%.
  • The Group, as a leading player in the health food and beverage industry, provides consumers with premium sports drinks products that effectively supplement nutrition and promote optimal well-being.
  • This collaboration aims to deepen cooperation and expand both of our international and domestic sales networks.
  • It also seeks to increase market share by promoting high-quality products globally while enhancing cost efficiency for mutual success."

Tianyun International reached a strategic agreement with a Malaysian tropical fruit producer

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星期三, 十月 18, 2023

HONG KONG, Oct 18, 2023 - (ACN Newswire) - Tianyun International Holdings Limited ("Tianyun International", together with its subsidiaries, (the "Group") (Stock Code: 6836.HK), a leading seller and manufacturer of processed fruit products in the People's Republic of China ("PRC"), is pleased to announce that the Group entered a strategic co-operation agreement with Tuah Tacunan Sdn Bhd ("Tuah Tacunan"), a tropical fruit producer in Malaysia.

Key Points: 
  • HONG KONG, Oct 18, 2023 - (ACN Newswire) - Tianyun International Holdings Limited ("Tianyun International", together with its subsidiaries, (the "Group") (Stock Code: 6836.HK), a leading seller and manufacturer of processed fruit products in the People's Republic of China ("PRC"), is pleased to announce that the Group entered a strategic co-operation agreement with Tuah Tacunan Sdn Bhd ("Tuah Tacunan"), a tropical fruit producer in Malaysia.
  • Tuah Tacunan's Tropical Fresh Fruit Farm in Sabah, Malaysia
    Under the agreement, the Group will leverage Tuah Tacunan's strengths in tropical fresh fruit cultivation and raw materials to expand its range of unique, natural and quality tropical fruits, including Musang King Durians, coconut, rambutan, pineapple, etc., to a wider sales market.
  • Mr. Yang Ziyuan, Chairman and CEO of the Group, said, "We are very pleased to have reached this agreement with Tuah Tacunan.
  • This will broaden the scope of co-operation between the two sides in the production, scientific research and trade of tropical fruits.