Tingyi (Cayman Islands) Holding Corp. has announced that on 9 October 2025, it entered into a supply agreement with Tianjin Ting Fung Starch Development Co., Ltd. (Ting Fung). Under the agreement, Tingyi will purchase modified potato starch, modified cassava starch, and seasoning flavour products from Ting Fung for a term of three financial years ending 31 December 2028. The terms of the agreement were negotiated on an arm's length basis, with the purchase prices based on prevailing market prices. The arrangement is intended to meet the Group's operational requirements. The agreement was approved by the Board, with certain executive Directors abstaining from voting due to their connections to Ting Fung.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tingyi (Cayman Islands) Holding Corp. published the original content used to generate this news brief on October 09, 2025, and is solely responsible for the information contained therein.
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