Tiankang Biological (002100.SZ) plans to acquire a 12.75 billion yuan stake in Qiangdu Livestock, forming a mutually beneficial complementarity.

Zhtng Cijng APP news, Tiankang Biology (002100.SZ) announced that the company plans to acquire 51% equity of Xinjiang Qiangu Livestock Technology Co., Ltd. (referred to as "Qiangu Livestock") for 1.275 billion yuan in cash. After the completion of the transaction, Qiangu Livestock will become a subsidiary of the company.