Transaction Overview - The company plans to acquire the Silicon Valley SOHO-2 building project located in Changping District, Beijing, for a consideration of RMB 215 million [2][3] - The transaction does not constitute a related party transaction or a major asset restructuring as defined by the relevant regulations [2] - The acquisition was approved unanimously by the company's board of directors during a temporary meeting held on May 15, 2025, and does not require shareholder approval [3][30] Transaction Details - The acquisition involves purchasing the property from Beijing Boxing Zhongye Real Estate Development Co., Ltd., with a total area of 21,759 square meters, resulting in a price of RMB 9,880 per square meter [3][9] - The total estimated cost for the project is RMB 283.49 million, which includes the acquisition price, deed tax, and renovation costs [7] - The property is currently in a vacant state and consists of 415 units, primarily in a rough condition [5][10] Asset Valuation - An appraisal conducted by Beijing Kangzheng Hongji Real Estate Appraisal Co., Ltd. valued the property at RMB 331.13 million, translating to RMB 15,218 per square meter as of March 31, 2025 [8] Impact on the Company - This acquisition is expected to enhance the company's business scale, expand its operational footprint, and strengthen its market development capabilities, aligning with the company's future strategic goals and benefiting all shareholders [10]
上海新黄浦实业集团股份有限公司关于收购北京昌平项目的公告