According to the Zhitong Finance App, Tailin Biotech (300813.SZ) announced that Zhejiang Tailin Medical Engineering Co., Ltd. (“Tailin Medical Engineering” for short), a wholly-owned subsidiary of the company, intends to participate in the auction to purchase assets. The target name is: the overall transfer of assets involved in the former Fusheng Electric Appliance Branch 2. The relevant land is located at No. 1, No. 9 Road, Dongzhou Street, Industrial Functional Zone, Fuyang District, Hangzhou. The land area is 4,480 square meters, and the transfer reserve price is about 136 million yuan.

According to reports, the plant that plans to participate in the auction this time will mainly be used for the implementation of the company's fund-raising project “Cell Therapy Industrialization Equipment Manufacturing Base Project”.