Wenling Zhejiang Measuring and Cutting Tools Trading Centre Co. Ltd. Announces Land Acquisition for Major Construction Project in Zhejiang Province

Reuters

Jun 10

Wenling Zhejiang Measuring and Cutting Tools Trading Centre Co. Ltd. Announces Land Acquisition for Major Construction Project in Zhejiang Province

Wenling Zhejiang Measuring and Cutting Tools Trading Centre Co. Ltd. has announced the acquisition of land use rights through a public auction. The transaction involves a consideration of RMB52.06 million for the grant of these rights. This acquisition was confirmed through a confirmation letter entered between Wenling Sunrise, a wholly-owned subsidiary of the company, and the Wenling City Natural Resources and Planning Bureau on June 10, 2025. The company, listed on the Hong Kong Stock Exchange (stock code: 1379), plans to dispatch a circular containing further details of the acquisition to its shareholders by July 2, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wenling Zhejiang Measuring and Cutting Tools Trading Centre Co. Ltd. published the original content used to generate this news brief on June 10, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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