Citychamp Dartong Advanced Materials' Unit Agrees to Sell Land for 3.08 Billion Yuan

MT Newswires Live

2025/07/21

Citychamp Dartong Advanced Materials' (SHA:600067) unit, Beijing Decheng Zhidi Real Estate Development, agreed to receive 3.08 billion yuan to sell a residential property to the government, according to a Shanghai bourse filing on Saturday.

The electromagnetic wires manufacturer's shares jumped over 3% at the close of Monday's trade.

The land plot in Xinbeiwan Town, Haidian District in China, spans 6.47 hectares.

Beijing Haikai Urban Renewal Construction and Development and Haidian District Comprehensive Affairs Center for Planning and Natural Resources will buy the plot.

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