Herald Holdings Limited announced on April 28, 2025, that its wholly-owned subsidiary, Herald Investments, has entered into Relocation Compensation Agreements with Baihe Land Office. Under the agreements, Herald Investments will surrender two pieces of land in exchange for compensation. The total compensation includes an initial installment of approximately RMB5.36 million, with further payments contingent on specific conditions. The transaction qualifies as a discloseable transaction under Hong Kong's Listing Rules.
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