Unit price is nearly 350,000 yuan per square meter, with a total price of 199 million yuan. Rui Ci Medical purchased a luxury home in Shanghai.

A listed medical enterprise purchased a luxury house at a high price in Shanghai. Ricci Medical recently disclosed that its wholly-owned subsidiary signed a presale contract for commercial housing with the seller on November 4, purchasing a residential unit located at 1st-4th floor of Building 13, No. 40, Lane 377, Longqi Road, Shanghai, at a total price of 199 million yuan, with a total construction area of 570.06 square meters. The company disclosed that it has paid a deposit of 30 million yuan, and the remaining payment of 168,950,940 yuan will be made before November 30, 2025. Based on this calculation, the unit purchased by the company has a unit price as high as 34,900 yuan per square meter. Public information shows that the property is Yunjin Oriental Villa in Xuhui Binjiang. Ricci Medical stated that, considering the development projects around the property and the development of Shanghai, the directors of the company hold an optimistic attitude towards the long-term capital appreciation potential of the property, and they expect this acquisition to provide a reasonable level of return for the company.