Tus Environmental Science and Technology (SHE:000826) said its 65% stake in Hengyang Kaitian was sold at a judicial auction for 55.3 million yuan to Shandong Zijian Group.
The Jinan court-ordered auction will remove the kitchen waste and waste oil recycling company from the company's consolidated financial statements, according to a Tuesday filing with the Shenzhen bourse.
Shares of the environmental engineering company closed 1% lower Tuesday.
China's drug regulator accepted the addition of severe acute pancreatitis as an indication for Beijing Hotgen Biotech (SHA:688068) subsidiary Beijing Shunjing Biopharmaceutical Technology's SGC001 injection.The drug is also indicated for acute myocardial infarction, according to a Tuesday filing with the Shanghai bourse.
One MobiKwik Systems (NSE:MOBIKWIK, BOM:544305) said it has received in-principle approval from the Reserve Bank of India for a Payment Aggregator-Physical (PA-P) license, according to an Indian bourse filing on Tuesday.The approval will allow the company to expand its offline merchant payments business across India, the filing said. MobiKwik currently serves 4.9 million merchants through products including UPI QR, soundbox and EDC machines, it added.The company said it will focus on small businesses, fuel outlets and organized retail over the next 18-24 months as it looks to increase market share in offline merchant payments.Shares of the digital payments company jumped over 6% in recent trade.
Jiayou International Logistics (SHA:603871) plans to repurchase shares worth between 50 million yuan and 100 million yuan, according to a Shanghai bourse filing on Tuesday.The share buyback will be made within three months after the board of directors' approval.Each share will be bought for up to 19.47 yuan.