Zhongcheng Shares: Signed a 4.41 billion yuan land acquisition agreement.
Zhongcheng Shares announced that the company has signed a "State-owned Land Acquisition Compensation and Resettlement Agreement" with the Tianjin Beichen District Land Consolidation Center, involving state-owned land located on the east side of Chaoyang Road in Beichen District, Tianjin. According to the agreement, the company will receive a total of 441 million yuan in land acquisition and storage comprehensive compensation fees. The agreement was approved by the company's board of directors on August 18, 2025, and will be further reviewed at the shareholders' meeting. This land acquisition and storage is aimed at revitalizing existing assets, increasing cash flow to support the development of the main business. The transaction is expected to bring certain benefits to the company, and the specific financial impact will be confirmed by the auditing firm.
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