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Tai Yuan Tianlong Group Co Ltd's shareholder waives debt


Tuesday, 31 Dec 2013 07:00pm EST 

Tai Yuan Tianlong Group Co Ltd:Says its obligations of 112,114,000 yuan in total was transfered to an individual, Huan Guozhong, by a Qingdao-based bio-technology company, QingDao Dragonpower Bio-tech Co., Ltd.Says Huang Guozhong has decided to waiver the debt of the same amount after taking over the 112,114,000 yuan obligations.