Talent Property Group Ltd. Announces Disposal of Land Use Right for RMB81.6 Million to Yangzhou Government

Reuters

Sep 15, 2025

Talent Property Group Ltd. Announces Disposal of Land Use Right for RMB81.6 Million to Yangzhou Government

Talent Property Group Ltd., a company incorporated in Bermuda and listed on the Hong Kong Stock Exchange, has announced a significant real estate transaction involving the disposal of a land use right. On September 15, 2025, the company entered into a Repurchase Agreement to dispose of a land parcel located in Guangling District, Yangzhou, for a consideration of RMB81,601,400. This move comes in response to unsatisfactory sales performance, high development costs, and a prolonged downturn in China's property market. The Board of Directors sees the transaction as an opportunity to realize value from an idle asset, improve liquidity, and concentrate resources on other projects. The disposal is not expected to materially impact the company's operations, as the Group has no plans to develop the subject land further.

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. Talent Property Group Ltd. published the original content used to generate this news brief on September 15, 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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Announces Disposal of Land Use Right for RMB81.6 Million to Yangzhou Government\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-15 19:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Talent Property Group Ltd. 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