Ningbo Shanshan Completes Disposal of Land

MT Newswires Live

2025/01/03

Ningbo Shanshan (SHA:600884) completed the sale of land in Gulin Town, Haishu District, Ningbo, China, according to a Shanghai Stock Exchange filing on Friday.

The land, measuring 208,467.82 square meters, was sold to Ningbo Haishu Industrial City Ecological Construction, along with buildings, equipment and other ancillary facilities.

Haishu Industrial City already paid 80% of the price, which amounted to 700.4 million yuan. The Chinese battery materials manufacturer will follow up on the remaining funds, the filing said.

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