HK Stock Market Move | TOUYUN BIOTECH (01332) surges more than 70% in the afternoon, Shanxi TOUYUN BIOTECH signs a 1 billion yuan order for spirulina products.

TOUYUN BIOTECH (01332) soared more than 70% in the afternoon, as of the time of writing, it was up 51.59% at HK$0.191, with a trading volume of HK$3.6999 million. According to the news, on October 24, Shanxi TOUYUN BIOTECH Technology Co., Ltd. signed a strategic cooperation agreement with a sales consortium composed of Shenzhen Louyu Supply Chain Technology Co., Ltd., Henan Guozitou Marketing Management Co., Ltd., and Beijing Hewanjia Biotechnology Co., Ltd. The consortium will purchase TOUYUN BIOTECH's Rhein Chlorella products with a value of not less than 1 billion yuan from 2026 to the end of 2028. Public information shows that Shanxi TOUYUN BIOTECH is committed to developing advanced fermentation technology to produce the green food of the new century - Rhein Chlorella. The company is a wholly-owned subsidiary of TOUYUN BIOTECH Group, a listed company in Hong Kong. The signing of the 1 billion yuan strategic cooperation agreement by Shanxi TOUYUN BIOTECH marks the official entry of Rhein Chlorella into the harvest period of large-scale commercial realization.