China Resources Land Limited has announced the acquisition of equity interests in a target company. The transaction was confirmed on May 23, 2025, when the company's wholly-owned subsidiary signed an Equity Transfer Agreement with the vendor and the target company. This strategic acquisition aligns with China Resources Land Limited's goals to enhance its industrial layout and contributes to a government-led project aimed at rejuvenating the modern bio-industry sector. The Board, including independent non-executive directors, considers the terms of the acquisition fair and reasonable, marking a significant step in the company's strategic development plans.
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