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Tian Yuan Healthcare Enters Service Agreement With Parent

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-- China Tian Yuan Healthcare Group (HKG:0557) said it entered a service framework agreement with its parent Ningxia Tianyuan, according to a Hong Kong bourse filing Monday.

Shares of the medical business fell nearly 2% in morning trade Tuesday.

Under the agreement, the company's Deshang Clinic unit will provide occupational health examination services to Ningxia Tianyuan employees.

The agreement will last until Dec. 31, 2026, with an annual cap of 4.2 million yuan.

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