ZHENGYE INT'L (03363) subsidiary sells a property in Shaxi Town, Zhongshan City for approximately 7.88 million yuan.
Zhengye International (03363) announced that on April 27, 2026, the company's indirectly non-wholly owned subsidiary, Zhongshan Union Hongxing Intelligent Manufacturing Co., Ltd., intends to sell a property to Zhongshan Shengqiang Rubber and Plastic Industry Co., Ltd. The property is located at 1st Floor, No. 138 Xinhao South Road, Songwan Intelligent Manufacturing Project No. 3, Shaxi Town, Zhongshan City, China, with a building area of 1,208.06 square meters, at a price of approximately 7.88 million yuan.
ZHENGYE INT'L (03363) announced that on April 27, 2026, the company's indirect non-wholly-owned subsidiary Zhongshan Joint Hongxing Intelligent Manufacturing Co., Ltd. plans to sell a property to Zhongshan Shengqiang Rubber and Plastics Industry Co., Ltd. The property is located at 138 Xinhao South Road, Songwan Intelligent Manufacturing Project Building 3, 1st floor, Shaxi Town, Zhongshan City, China, with a total floor area of 1,208.06 square meters, for a price of approximately RMB 7,880,100.
The Board of Directors believes that the sale is a good opportunity for the group to realize the value of the property at a reasonable price, and the proceeds from the sale can be used for the development and construction of the project or to supplement the group's operating funds.
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