Tianyu Biotech announced that the company's holding subsidiary, Wuhan Tianqian, has completed registration of targeted capital cuts and industrial and commercial changes. The registered capital was reduced from 14.285,700 yuan to 10 million yuan, the shareholding structure of Hubei Tianfu increased from 70% to 100%, and Mu Yuansheng withdrew. The original equity cooperation between the two parties was terminated, and the “Pig Farm Lease Contract” signed on May 28, 2026 officially came into effect. The effect dates back to January 1, 2026. This capital reduction did not affect the scope of the consolidated statement and had no significant adverse impact on the main business. However, there are risks such as early termination of the new contract and debt reimbursement by Tianqian Foods.

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