BEIJING JIAYE to Receive RMB 57.81 Million in Relocation Compensation

Stock News
03/27

BEIJING JIAYE (02210) has announced the signing of a relocation compensation agreement concerning the Chengjian Xingfa gas station. On March 27, 2026, the company, along with its wholly-owned subsidiary Chengjian Property, entered into the agreement with Haicheng Xingtai, the implementing party. Under the terms of the agreement, Haicheng Xingtai will provide monetary compensation for the termination of the gas station's operating rights and for the relocation losses associated with its above-ground buildings, structures, and equipment. The group is set to receive a total compensation amount of RMB 57.81 million. Xingfa Gas Station is an indirect wholly-owned subsidiary of the company, fully held by Chengjian Property. It is a limited liability company registered in China, with its main business operations encompassing retail sales of refined oil, tobacco products, food, alcoholic beverages, car wash services, and general merchandise.

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