Xin Lang Cai Jing·2025-11-26 07:50Core Viewpoint - Tianyuan Group announced that its subsidiary, Wuqiong Mining, will suspend operations at its phosphorus chemical plant on December 19, 2023, and is offering a 25,000 tons/year yellow phosphorus capacity for public transfer [1] Group 1 - The capacity transfer was finalized with Hebang Biological, with a transaction amount of 185 million yuan (including tax) [1] - Wuqiong Mining and Hebang Biological signed a property transaction contract on November 25, 2025, with payment to be made within five working days after the contract takes effect [1] - The transfer is subject to the approval of the Ma Bian County for the public announcement of Wuqiong Mining's exit from the yellow phosphorus capacity, indicating uncertainty in the completion of the transaction [1]