HONG KONG, Jun 2, 2021 - (ACN Newswire via SEAPRWire.com) - Tianyun International Holdings Limited ("Tianyun International", together with its subsidiaries, the "Group") (Stock Code: 6836.HK), a leading manufacturer and seller of processed fruit products in China is pleased to announce that Strong Won Investment Limited, a wholly-owned subsidiary of the Group which was acquired on 31 January 2018 and its wholly-owned subsidiary Tiantong Food (Yichang) Ltd. ("Yichang Tiantong") have achieved the majority of its targeted production volume and revenue within three years. The Group therefore allotted and issued 13,050,000 ordinary shares to Long Advance Investments Limited ("Long Advance Investments") as Consideration Shares. The Consideration Shares allotted and issued to Long Advance Investments accounted for approximately 1.32% of the enlarged issued share capital of the Company after such allotment and issue. The group entered into an agreement to acquire The Target Group with Long Advance Investments on 15 September 2017. Pursuant to the agreement, Tiantong Food (Yichang) Ltd. has set a total of 80,000 tonnes of processed fruits target production volume during the period of three ...