Shanghai Lingang: A controlling subsidiary's land worth 2.625 billion yuan will be requisitioned.

Shanghai Lingang announced that its subsidiary, Jingang Rongsheng Real Estate, located in the new area of Shanghai Lingang, will be acquired and stored. The land area is 78,658.60 square meters, the above-ground construction area is 188,780.64 square meters, and the proposed acquisition price is 2.625 billion yuan.