XJ International Unit to Sell Sichuan Land, School Properties for 248 Million Yuan; Shares Jump 7%

MT Newswires Live

Aug 10

XJ International Holdings (HKG:1765) unit Yibin Xuande Education Consulting Management agreed to sell land and school properties in Yibin, Sichuan, to Gaoxian Huirun Education for 247.9 million yuan.

The sale covers a 165.26-mu parcel of land with 14 school buildings totaling about 83,742 square meters of gross floor area, according to a Friday Hong Kong bourse filing. The land-use rights run through 2070.

The consideration will be paid in cash in three installments by Dec. 31, 2028.

Shares of the educational services company jumped nearly 7% in Monday's trade.

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The land-use rights run through 2070.</p><p>The consideration will be paid in cash in three installments by Dec. 31, 2028.</p><p>Shares of the educational services company jumped nearly 7% in Monday's trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1556","symbol_name":"内地教育股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2658602835","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2658602835","pubTimestamp":1786334705,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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