China Weaving Materials Sells Land and Property for RMB45 Million

Reuters

Jan 09

<a href="https://laohu8.com/S/03778">China Weaving</a> Materials Sells Land and Property for RMB45 Million

China Weaving Materials Holdings Ltd. has announced the disposal of certain land and property assets located in the Fengxin Industrial Zone. The assets, comprising eight parcels of land and associated premises, were valued at approximately RMB45.0 million as of December 2025. The transaction was based on arm's length negotiations, with the valuation determined by an independent valuer engaged by the purchaser. The company views the deal as a good opportunity to realize the value of these assets in a limited market.

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. China Weaving Materials Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260109-11986099), on January 09, 2026, 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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